The agents of the Secretary of Labor and Human Resources, authorized to receive and deliver the moneys referred to in §§ 1 and 2 of this title, shall, before receiving any money, give an official bond in favor of the Commonwealth of Puerto Rico, in the amount fixed by the Secretary of Labor and Human Resources; Provided, That the premiums corresponding to said bonds shall be paid by the Secretary of the Treasury, chargeable to the appropriation for the payment of premiums on bonds of the employees of the Commonwealth of Puerto Rico, which the Legislature provides annually in the budget of the Department of Finance. Said bond shall be approved by the Secretary of Justice as to its form and execution, and by the Secretary of the Treasury as to solvency of surety.
History —Apr. 17, 1952, No. 77, p. 158, § 3.