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45 CFR 1629.5

§ 1629.5 What losses must the bond cover?

United States · 45 CFR — Public Welfare · Status: effective

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45 CFR 1629.5, § 1629.5 What losses must the bond cover?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/221667
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Full text

The bond must provide recovery for loss caused by such acts as fraud, dishonesty, larceny, theft, embezzlement, forgery, misappropriation, wrongful abstraction, wrongful conversion, willful misapplication, or any other fraudulent or dishonest act committed by an employee, officer, director, agent, or volunteer.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.