There Is a Newer Version of the Code of Alabama
2009 Alabama Code
Title 27 — INSURANCE.
Chapter 2 — DEPARTMENT AND COMMISSIONER OF INSURANCE.
Section 27-2-51 Bond of chief.
Section 27-2-51Bond of chief.
The Chief of the Receivership Division shall make bond payable to the State of Alabama in the amount of $75,000.00, conditioned upon faithful performance of his duties, the premiums of which shall be borne by the state. In addition each receivership court may require adequate bond of said receiver if the court deems it necessary, the premiums of which shall be paid from funds of the receivership.
(Acts 1975, No. 1039, p. 2083, §6.)Disclaimer: These codes may not be the most recent version. Alabama may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
