N.Y. Educ. Law § 2584

§ 2584. Bonds of employees. The board of estimate and apportionment\nof a city, or in a city having no board of estimate and apportionment,\nthe body or officer performing the duties performed by a board of\nestimate and apportionment, which may now legally require bonds of\nemployees may continue to require bonds of such employees in such amount\nas such board of estimate and apportionment or other body or officer\nshall determine. In all other cities bonds may be required of such\nemployees by the board of education. The premiums on such bonds shall\nbe paid by the city.\n