29 C.F.R. § 453.10 The statutory provision.
Title 29 - Labor
The statute requires that every covered person “shall be bonded to provide protection against loss by reason of acts of fraud or dishonesty on his part directly or through connivance with others.” [30 FR 14926, Dec. 2, 1965]
Title 29: Labor
PART 453—GENERAL STATEMENT CONCERNING THE BONDING REQUIREMENTS OF THE LABOR-MANAGEMENT REPORTING AND DISCLOSURE ACT OF 1959
Scope of the Bond
§ 453.10 The statutory provision.