2020 Georgia Code
Title 4 - Animals
Chapter 6 - Livestock Dealers and Auctions
Article 3 - Livestock Auctions
§ 4-6-42. Surety Bond - Generally
No person shall operate a sales establishment for the sale of livestock at auction unless he or she has then in force a surety in an amount established in a memorandum of agreement with the department sufficient to secure the performance of the obligations of the holder of such surety.
(Ga. L. 1956, p. 501, § 2; Ga. L. 1958, p. 309, § 1; Ga. L. 1959, p. 296, § 1; Ga. L. 1982, p. 1804, § 2; Ga. L. 1983, p. 1161, § 1; Ga. L. 2017, p. 129, § 8/HB 49.)
The 2017 amendment, effective July 1, 2017, rewrote this Code section.
RESEARCH REFERENCES
Am. Jur. 2d.
- 7 Am. Jur. 2d, Auctions & Auctioneers, § 5.
C.J.S.- 7A C.J.S., Auctions & Auctioneers, §§ 13, 14, 15, 44, 45.
ALR.
- Validity of statute or ordinance which requires liability or indemnity insurance or bond as condition of license for conducting business or profession, 120 A.L.R. 950.
