50-18-23
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50-18-23.
The
person to whom the contract is awarded shall give bond with adequate and
satisfactory security in the sum of not less than $25,000.00, to be payable to
the Governor and his successors in office and to be conditioned that the
contractor will perform his duties promptly and faithfully under the contract
and carry out all provisions of law so far as they relate to the duties arising
from the contract. The bond is subject to the approval of the Attorney General.