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Board of Education Meeting Bensenville School District 2 May 15, 2024 Consent Item: F.Treasurers Bond Background Information Ms. Lori Parthimos is the Districts Treasurer and the legal custodian of

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How to fill out treasurers bond

01

Obtain the necessary forms from the appropriate government agency or bonding company.

02

Fill out the personal information section, including name, address, and contact information.

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Provide information about the organization needing the bond, including name, address, and purpose.

04

Specify the coverage amount required for the bond.

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Sign and date the form in the designated areas.

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Submit the completed form along with any required fees or documents to the bonding company or government agency.

Who needs treasurers bond?

01

Individuals or organizations who are appointed as treasurers or custodians of funds may need treasurers bond to protect against financial losses due to any fraudulent activities or mismanagement of funds.

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What is treasurers bond?

A treasurers bond is a type of insurance policy that protects government entities from financial losses due to malfeasance or negligence by a treasurer.

Who is required to file treasurers bond?

Treasurers or individuals responsible for handling public funds are required to file treasurers bond.

How to fill out treasurers bond?

Treasurers bond can typically be filled out through an insurance provider specializing in this type of coverage.

What is the purpose of treasurers bond?

The purpose of treasurers bond is to ensure that public funds are protected in case of mishandling by the treasurer.

What information must be reported on treasurers bond?

Information such as the amount of coverage, the name of the treasurer, and the governing entity must be reported on treasurers bond.

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