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]
authority: Sec. 502, 73 Stat. 536; 79 Stat. 888 (
29 U.S.C. 502); Secretary's Order No. 03-2012, 77 FR 69376, November 16, 2012
source: 28 FR 14394, Dec. 27, 1963, unless otherwise noted.
cite as: 29 CFR 453.10