General Statement Concerning the Bonding Requirements of the Labor-Management Reporting and Disclosure Act of 1959
29 CFR 453.10 - The statutory provision.
Section Number: 453.10
Section Name: The statutory provision.
The statute requires that every covered person ``shall be bonded to
provide protection against loss by reason of acts of fraud or dishonesty
on his part directly or through connivance with others.''
[30 FR 14926, Dec. 2, 1965]
