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December 22, 2024 Clear | 15°F
The 193rd General Court of the Commonwealth of Massachusetts

Section 55: Bond of commissioner; premiums paid from administrative account

Section 55. The commissioner shall give a bond conditioned upon the faithful performance of his duties with respect to the benefit account in an amount not exceeding twenty-five thousand dollars, and approved by the governor and council and with surety or sureties satisfactory to the attorney general. Premiums upon bonds pursuant to this section shall be paid from the employment security administration account.