1. If a bond or bond coverage for a public employee or public official is canceled under section 26.1-21-19, the public official or public employee may purchase a bond from an authorized surety company for a coverage amount determined by the office. The public official or public employee may not use public funds to pay for the bond. 2. In lieu of the bond provided for in this chapter, a public officer or public employee may secure a bond from an authorized surety company for a coverage amount determined by the office. The public official or public employee may not use public funds to pay for the bond. 3. A state agency or political subdivision may purchase a bond from an authorized surety company to provide coverage in addition to the bond provided by the fund. 4. Evidence of a bond purchased under this section must be filed with the office.
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