Code of Alabama |
Match Context and Document information |
URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/2-15-134.htm |
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Depth: | 0 singles |
Size: | 1,318 bytes |
Modified: | 2005-09-26 15:13:32 |
Categories: | -None- |
Title: | 2-15-134 |
Description: | -None- |
Keywords: | -None- |
Meta data: | -None- |
Body: | Section 2-15-134 Acceptance of bonds given under federal Packers and Stockyards Act. The commissioner is hereby authorized to accept a bond made by any dealer pursuant to the bonding requirements of the federal Packers and Stockyards Act, 1921, as amended, and any dealer presenting such a bond shall be deemed to have complied with the bonding provisions of Section 2-15-133; provided, that the amount of such bond equals or is greater than the amount required in said Section 2-15-133. If the amount of such bond does not satisfy the requirements of said Section 2-15-133, such bond shall be increased to such amount as will satisfy the requirements of said section, prior to issuance of a license to such dealer. Any dealer not required to file and maintain a bond or a bond equivalent pursuant to the requirements of the federal Packers and Stockyards Act, 1921, as amended, shall be required to file and maintain a bond for the amount as set forth under Section 2-15-133. (Acts 1969, No. 568, p. 1049, ยง5.) |