Section 16. State officers and heads of state departments may arrange for such schedule bonds as they deem advisable, which shall take the place of bonds required by law of them or any of their officers and employees. Every such schedule bond shall be a surety company bond with a surety company authorized to do business in the commonwealth as surety, conditioned that the officers and employees named in the bond shall faithfully perform the duties of their offices and employments, with other conditions or provisions required by law.

Terms Used In Massachusetts General Laws ch. 30 sec. 16

  • departments: as used in this chapter , shall, unless the context otherwise requires, mean all the departments of the commonwealth, except the department of banking and insurance, but including the divisions of banks and loan agencies, of insurance, and also including the several boards serving in the division of registration, the board of registration in medicine and each of the executive offices created by chapters six A and seven. See Massachusetts General Laws ch. 30 sec. 1
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