§ 40538 Controller Bond Requirements

• •The person in charge (controller) must promise to do their job honestly by signing a special paper (bond).
• •The amount of money promised in this paper is decided by the south coast district board.
• •If the county auditor follows the rules in this law, they won’t get in trouble for issuing a warrant.
• •This law doesn’t change any old promises (contracts) that were already made before this law started.

A controller is hired to manage money for a local government.

The controller must sign a bond (a promise) to do their job honestly. If they don’t, they could be in big trouble. The amount of the bond is decided by the south coast district board. If the county auditor issues a warrant (like a permission slip for spending money) and follows the rules, they won’t be blamed if something goes wrong.