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State requires switch from individual bonds to crime insurance; Cedar City staff warn of unknown costs
Summary
Staff told the council that the Utah legislature directed municipalities to replace certain official bonding requirements with a crime‑insurance policy effective May 7; staff expect broader coverage but do not yet have final cost figures and warned the council the city must comply or risk state enforcement.
City staff told the council that a state legislative change will require Cedar City to replace traditional individual bonds for certain officials with a crime‑insurance policy.
The city attorney reported the change is effective by statute on May 7 and that the new crime‑insurance…
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