N.Y. Educ. Law § 2527

§ 2527. Official undertakings. The clerk of the board of education or,\nwhere the office of claims auditor or deputy claims auditor has been\ncreated, the claims auditor or deputy claims auditor, and the treasurer,\ncollector and such other officers and employees as the board of\neducation shall designate, shall, before they enter upon the duties of\ntheir respective offices or positions, each execute to the school\ndistrict and file with the school district clerk an official undertaking\nin such sum and with such corporate surety as the board of education\nshall direct and approve. The board of education may, at any time,\nrequire any such officer or employee to file a new official undertaking\nfor such sum and with such corporate surety as the board shall approve.\nSuch undertakings as shall have been approved by the board of education\nshall forthwith be filed with the school district clerk. The expense of\nany undertaking executed pursuant to this section shall be a school\ndistrict charge.\n