3.08.010 Officers’ Oaths and Bonds – Theft or Crime Insurance Required.
(1) Before they enter upon the duties of their respective offices, the Mayor, Councilors, Chief Administrative Officer, Deputy Mayor, Police Chief, Fire Chief, City Attorney, directors of departments, Treasurer, Budget Officer, Recorder, and Engineer of Provo City shall take, subscribe, and file the constitutional oath of office.
(2) As required by Utah Code Section 10-3-831, as amended, Provo City shall purchase, execute, and have in place a fidelity bond, or theft or crime insurance, payable to the City in the following amounts:
(a) For the Director of Administrative Services and the Treasurer, in the amount prescribed by the State Money Management Council; and
(b) For the other officers listed in Subsection (1) of this Section, in an amount not less than ten thousand dollars ($10,000.00).
(3) An entity employed by Provo City to conduct a financial audit shall provide a fidelity bond, or theft or crime insurance, in an amount not less than one million dollars ($1,000,000.00), or shall have malpractice or errors and omissions insurance in an amount not less than one million dollars ($1,000,000.00).