§ 3.11. Surety bonds.

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Whenever by general law, this charter, or direction of the Council, any official bond is required of any elective officer of the city, such official bond shall be a surety bond issued by some surety company. licensed to do business in the State of Michigan, and satisfactory to the Council. All premiums for such official bonds shall be paid by the city. No bond required by this section shall be renewed upon its expiration or in the event of the reelection of any officer to a position for which a bond is required, but a new bond shall be furnished.

                    
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