(a) Each of the following officers, before he assumes the duties of his office, shall be covered by a bond for the faithful performance of the duties of his office:

(1) Clerk of any court;

(2) Commissioner; or

(3) Sheriff.

(b) Each bond, except a sheriff’s bond, shall be in a penalty prescribed by the Comptroller. The Comptroller may increase or decrease the amount of a bond at any time.

(c) The sheriff of a county shall give a bond in the penalty of $10,000, except that in Allegany, Charles, Frederick, Prince George’s, and Washington counties and Baltimore City the penalty is $25,000.

(d) Every officer’s bond except a blanket bond shall have a surety who is approved by a judge of the court. A blanket bond shall have a corporate surety approved by the Comptroller.

(e) The premiums for the bonds of District Court officers shall be paid by the State. The premiums on the bonds of any other officer shall be allowed as expenses of the office.

(f) An officer’s bond shall remain in effect during his tenure in office.