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Civil aeti on Money* depos­ited in banks Moneys secured by surety bond* 0.8. Benda^ Aft ft#~ eurity teieere-tlOtt. of t Me treas­urer Centrists of in­demnity,, etc. also bring a civil actios* for damaged sustained by any such M i , and in snob proceeding the prevailing party shall also tee entitled to attorney*s fees Esc* 11. All moneys belongi nagn dt o oousrt si n oft hec ousrute. tody of the water district shall, so far as possible, tee deposited in such state' or national bank or banks in this state as the treasurer or other officer of such water district having legal custody of said moneys shall eel set for the safe-keeping thereof, and shell tee subject to withdrawal at any time m demand .of the treasurer or other authorized of fieor. for the security of such deposits there shall tee- delivered to the. treasurer of such water., district a bond or hoods of a corporate surety -qualified to act as sole surety on teende or undertakings required by the laws of this1 state, and approved fey the Insurance commie•loner of this state as a company possessing the qualification® required for the pur­pose of transacting a surety business within this etatef pro­vided, that the penal amount of such bond* or bond shall, at no' time tee less than the amount of money deposited by smote water district with such depositary! said bond or bonds shall secure and guarantee the full and -complete repayment- to such water district ? or the payment to its order of all funds so- deposited., together with interest thereon. The premium for such corporate surety bond or bends, in the discretion of the directors; of the water district# may tee paid out of the funds so deposited or may tee required to tee paid tey the depositary! provided, however, that said depositary may,1 in lieu of said corporate surety bond or teonds, deposit with the treasurer of such water district treasury notes or United States bonds, or other securities which art legal investments for savings teonds in this state, the market value of which shall at all times equal the amount of funds so. depos­ited as collateral security, and such securities shall tee placed by such 'treasurer "in escrow in some bank other than the depositary of the funds of such district* Xn the event of the failure of the depositary to repay such funds to the dis­trict on demand, or to pay the same to its order, the securities so placed in escrow shall tee redelivered to the treasurer and may tee. sold by him with or without notice, and the prooasds thereof need to reimburse the district, the treasurer, or other officer, of. such district having legal custody of lie moneys, may, in M e discretion, deposit such moneys, in whole or in .part, in Baited States postal savings banks. Is shall also have power to deposit such moneys in the same manner and under the ammo conditions as may tee'applicable to the deposit of state, county, and/or municipal funds by the legal custodians thereof. herEseca.f t1e2r. orgTahnei sbeoda r'du nodfe r ditrheec -tpomrosv ioefl oancn y odfi stthrl*i cta cnto ws hoarl l have power to enter into contracts of Indemnity and guar­anty, in such t term m may tee approved toy said board, relating to or connected with the performance of any con­tract. or agreement which said district- shall tee empowered to enter' Into under the. provisions of - this act or any other law of this state. —10— (Senate Bill Bo. llf - Senator Baker - Continued) 10-