Sec. 15. The board of commissioners of each county shall examine all the official bonds filed in the office of the clerk of the circuit court and in the office of the auditor of such county, and also the bond of such clerk; and if the penalty of any such bond is inadequate, or the sureties thereof are insufficient, or have removed from the state, except in case of the bond of the clerk, such board shall direct such clerk to cause the necessary proceedings to be had as provided in this chapter to procure new bond or additional sureties. And in case of such clerk's bond, such board shall cause the auditor of such county to institute such proceedings; and in case such clerk or auditor fail to comply with the order of such board, they shall be liable on their bonds for any damage occasioned by such neglect growing out of any malfeasance or nonfeasance or default in office of the officers complained against. Such board may at any time institute such examination, of its own motion, as to the bond of any such officer, or may make such examination on petition of any taxpayer. Formerly: Acts 1852, 1RS, c.12, s.15; Acts 1873, c.13, s.1. As amended by P.L.136-2018, SEC.30. IC 5-4-5 Chapter 5. Bonds Obtained From Surety Companies 5-4-5-1 Who must furnish bond 5-4-5-2 Cost of bond; source of payment 5-4-5-3 Cost of bond; method of payment 5-4-5-4 Bonds executed before passage of act 5-4-5-5 Blanket bonds; crime policies; faithful performance of duty of state employee or instrumentality
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