Impending Changes to Bonding Requirements for Finance Officers: Prepare Now For January 1, 2023 and Beyond

Published for Coates' Canons on November 23, 2022.

Since 2005, the Local Government Budget and Fiscal Control Act (“LGBFCA”) has required finance officers of units of local government and public authorities in North Carolina to provide to their respective entities a “faithful performance bond with sufficient sureties in … Read more

The post Impending Changes to Bonding Requirements for Finance Officers: Prepare Now For January 1, 2023 and Beyond appeared first on Coates’ Canons NC Local Government Law.

Topics - Local and State Government