What it does
The government crime forms exclude loss caused by treasurers or tax collectors. CR 25 12 adds the treasurers or tax collectors shown in the schedule to the employee definition and deletes that exclusion as to them. Coverage is by name or position, so a newly appointed official must be added.
Who needs it
Counties, municipalities, school districts and special districts whose treasurers or tax collectors handle public money.
How it fits the policy
This endorsement changes the base crime or fidelity form it is attached to and is listed with the other endorsements on the declarations. Schedules in the endorsement (names, positions, amounts or dates) control how it applies, so confirm the schedule is complete before binding. ISO's forms index lists the current edition for 52 jurisdictions.
Quoting and selling notes
- Get the statutory bond amount for each official; CR 25 32 can make the policy excess over individual statutory bonds.
- Update the schedule after elections and appointments.
