2021 Georgia Code
Title 40 - Motor Vehicles and Traffic
Chapter 2 - Registration and Licensing of Motor Vehicles
Article 2 - Registration and Licensing Generally
§ 40-2-24. Bonds of Tag Agents
Each tag agent shall give bond conditioned as the commissioner may require, and in such amount as the commissioner may deem necessary and proper, not exceeding $250,000.00, to protect the state adequately. Such bond shall be executed by a surety corporation licensed to do business in the State of Georgia, as surety, and the premiums shall be paid by the department. The bond shall run to the Governor and his or her successors in office and shall be approved as to conditions, form, and sufficiency by the commissioner.
(Ga. L. 1955, p. 645, § 4; Ga. L. 1957, p. 197, § 3; Ga. L. 1966, p. 508, § 5; Code 1981, §40-2-23; Code 1981, §40-2-24, as redesignated by Ga. L. 1990, p. 2048, § 2; Ga. L. 2000, p. 951, § 3-4; Ga. L. 2005, p. 334, § 14-3/HB 501.)
OPINIONS OF THE ATTORNEY GENERAL
Dealership registering in county of dealership's residence.
- Unless a dealership wishes to obtain separate regular license plates for each vehicle obtained by the dealership from the factory prior to selling a vehicle, a vehicle cannot be registered in the county of the residence of the dealership. 1954-56 Op. Att'y Gen. p. 479.
Revenue commissioner does not pay premium on the bond that is payable to the state under former Code 1933, § 92-4801.1969 Op. Att'y Gen. No. 69-91 (see now O.C.G.A. § 48-5-122).
RESEARCH REFERENCES
Am. Jur. 2d.
- 12 Am. Jur. 2d, Bonds, § 1 et seq.
