2005 North Carolina Code - General Statutes § 58-71-175. Limit on principal amount of bond to be written by professional bondsman.

§ 58‑71‑175.  Limit on principal amount of bond to be written by professional bondsman.

No professional bondsman shall become liable on any bond or multiple of bonds for any one individual that totals more than one‑fourth of the value of the securities deposited with the Commissioner at that time, until final termination of liability on such bond or multiple of bonds. (1975, c. 619, s. 1; 1987, c. 728, s. 3; 1989, c. 485, s. 42.)

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