N.Y. Suffolk County Tax Act § 17: Receiver's undertaking

§ 17. Receiver's undertaking. Each receiver of taxes hereafter elected

or appointed, including the receivers continued in office or created by

this act, shall, before entering on the duties of his office, and

annually on or before the first day of December in each year and before

receiving the tax and assessment roll and warrant for the current year,

execute an undertaking with two or more sureties to be approved by the

supervisor of the town and to be filed in the office of the county clerk

before the delivery of the warrant to the receiver, to the effect that

he will well and faithfully execute his duties as receiver of taxes, pay

over all moneys received by him and account within the time provided by

law for all taxes upon the tax and assessment roll of his town for the

current year delivered to him including penalties and interest accruing

thereon and shall deliver such undertaking to the supervisor, and all

the provisions of section one hundred and fifteen of the town law are

hereby made applicable to the said undertaking. In default of giving and

filing of such undertaking within five days after December first in each

year the office of receiver of taxes shall be vacant.