715. The council shall have the following authority and responsibility with respect to the bonding of conference and conference agency officers and staff whose responsibilities include the custody or handling of conference funds or other negotiable assets:
1. The council shall provide for the fidelity bonding of the conference treasurer and other staff under its authority and supervision in amounts it judges to be adequate.
2. In the case of those agencies, institutions, and organizations for which the conference treasurer does not serve as treasurer, the council shall have authority to require fidelity bonding of their treasurers in such amounts as it deems adequate and to withhold payment of the allocation of any such agency, institution, or organization until evidence of the required bonding has been submitted.
3. The council may provide, or require any conference agency to provide, directors' and officers' liability insurance in amounts it judges to be adequate.
4. The council shall require compliance with the policies established as provided by this paragraph and shall report annually to the annual conference on such compliance.
General Conference Webmaster: Susan Brumbaugh
PETS Creator: John Brawn
1992 Book of Discipline: ¶ 715
1996 United Methodist General Conference