40-5-3
Section 40-5-3 Bonds. Before assuming office the tax collector must execute a bond in duplicate
with a surety company authorized to do business in Alabama, payable to the State of Alabama,
in an amount to be determined for every county by the Comptroller. The amount of the bond
for each tax collector will be set at the beginning of his elected or appointed term for the
duration of such term. A new bond for an additional amount may be required whenever, in the
judgment of the Comptroller, the public welfare demands such action. The amount of the bond
will be determined by the use of the following table based on a percentage of the total annual
taxes collected as recorded in the latest audit report for each office published at least
four months prior to the date the bond is required to be filed: TABLE FOR COMPUTING AMOUNT
OF TAX COLLECTOR'S BOND. Over But Not Over Amount of Bond Of Excess Over Zero $ 250,000 $25,000
_____ $ 250,000 $1,000,000 $25,000 + 5% $ 250,000 $1,000,000 _____...
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45-45-81.31
Section 45-45-81.31 Bail bonds. Every person engaged in the business of making bail bonds in
Madison County, Alabama, in addition to the twenty-five thousand dollar ($25,000) surety requirement
of Section 15-13-22, shall be required to furnish a bond with corporate surety in an amount
to be set by the Clerk of the Circuit Court of Madison County. The circuit clerk shall use
the following criteria in determining the amount of bond required: (1) The monetary total
of all bonds issued by the bondsman which are outstanding as of July 1 of each year. (2) The
monetary total of all unpaid final judgments rendered against the bondsman during that year.
(3) The general cooperation exhibited by the bondsman in his or her relations with judges,
the district attorney, the circuit clerk, and other court-related officers and employers.
(Act 82-355, p. 510, § 1.)...
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11-50A-20
Section 11-50A-20 Trust agreement. In the discretion of the authority, any issue of bonds may
be secured by a trust agreement or indenture made by the authority with a corporate trustee,
which may be any trust company or bank within or without the state having the powers of a
trust company. The trust agreement or indenture may pledge or assign any revenues to be received
by the authority and any proceeds which may be derived from the disposition of any real or
personal property of the authority or proceeds of insurance carried thereon. The resolution
providing for the issuance of bonds and the trust agreement or indenture may contain any provisions
the authority deems necessary or appropriate for protecting and enforcing the rights and remedies
of the bondholders, including the right of appointment of a receiver upon default in the payment
of any principal or interest obligation and the right of any receiver or trustee to enforce
collection of any rates, fees, tolls, charges, or...
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45-45-201.03
Section 45-45-201.03 Director - Oath; bond. Before entering upon the duties of his or her office,
the director of the department shall take the oath of office prescribed by the constitution,
and shall enter into bond conditioned as other official bonds are conditioned. The bond shall
be in a sum as may be prescribed by the governing body of the county. The bonds shall be approved
by the county governing body and filed with and recorded by the judge of probate of the county
and may be made by a surety company or surety companies authorized by their charters to execute
official bonds, provided they are qualified to do business in this state, or the bond may
be made with individual sureties or banks or other corporations qualified to do business in
this state and authorized under their charters to make bonds. All premiums on the bonds shall
be paid out of the general fund of the county. (Acts 1971, No. 1862, p. 3024, § 5.)...
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45-7-83.02
Section 45-7-83.02 Bond. Before entering upon the additional duties imposed by this part, the
judge of probate shall execute an additional bond in a sum prescribed by a written recommendation
to the judge of probate from the Examiners of Public Accounts, giving as surety a bonding
company authorized to do business in this state. The bond shall be conditioned as other official
bonds and shall be filed and recorded in the Office of the Clerk of the Circuit Court in Butler
County. A certified copy of the bond shall be furnished by the judge of probate to the State
Comptroller. Premiums on the bond of the judge of probate shall be paid from the general fund
of the county. (Act 2003-197, p. 516, §2.)...
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9-10-38
Section 9-10-38 Security for bonds. (a) At the discretion of the corporation, any bonds issued
under the provisions of this article may be secured by a trust agreement by and between the
corporation and a corporate trustee, which may be any trust company or bank having the powers
of a trust company within or without the state. The trust agreement or the resolution providing
for the issuance of such bonds, subject to the provisions of Section 9-10-35, may pledge or
assign tolls, rentals, sales receipts or other revenues to which the corporation's right then
exists or which may thereafter come into existence and the moneys derived therefrom and the
proceeds of such bonds; provided, however, that the trust agreement or resolution shall not
convey or mortgage any project or any part thereof. (b) Such trust agreement or resolution
providing for the issuance of bonds may contain such provisions for protecting and enforcing
the rights and remedies of the bondholders as may be reasonable and...
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15-13-141
Section 15-13-141 Revocation of authority to execute bail by clerk. In all cases where a conditional
forfeiture has been made final by any court of the state or any of its subdivisions and there
has been no further action or request filed with the court, appeal taken, application to the
State Pardons and Paroles Board, or any other litigation of which the court has knowledge
has been filed by the surety with the court within 30 days of the entry or order of the final
judgment and the same has not been paid to the clerk of the court, then the clerk shall refuse
to accept and approve any bonds from the surety as being insufficient. The clerk shall notify
all persons authorized to accept and approve bonds returnable to the court of the action and
they shall no longer accept or approve surety on bonds until notified otherwise by the clerk.
The clerk shall also notify the circuit clerk of the county who shall notify all other clerks
of any courts in the county in writing and the clerks...
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2-15-63
Section 2-15-63 Bonds of livestock market operators. Any person operating a livestock market
in this state shall make and execute a bond in favor of the State of Alabama, which bond shall
be made by a surety company qualified to do business in the State of Alabama and such bond
shall be filed in the office of the commissioner. The minimum amount of such bond shall be
$5,000.00 or such greater sum not to exceed $50,000.00. The exact amount of said bond shall
be determined by dividing the gross amount of business done by such livestock market during
the preceding 12 months or such part thereof as the livestock market was engaged in business
by the number of days on which sales were made, and such bond shall be not less than the nearest
multiple of $1,000.00. Any bond accepted under the provisions of this section shall be not
less than $5,000.00 nor more than $50,000.00. In the event the livestock market has not engaged
in business during the year preceding the date of its application for...
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23-2-149
Section 23-2-149 Trust agreements securing bond issues; authorized provisions protecting holders;
pledge of revenues. In the discretion of the authority, any bonds issued under the provisions
of this article may be secured by a trust agreement by and between the authority and a corporate
trustee, which may be any trust company, or bank having the powers of a trust company, within
or without the state. The trust agreement or the resolution providing for the issuance of
such bonds subject to the provisions of Section 23-2-147, may pledge or assign tolls or other
revenues to which the authority's right then exists or which may thereafter come into existence,
and the moneys derived therefrom, and the proceeds of such bonds; provided, however, that
the trust agreement or resolution shall not convey or mortgage any toll road, bridge or tunnel
project or any part thereof. Such trust agreement or resolution providing for the issuance
of bonds may contain such provisions for protecting and...
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45-16-84.21
Section 45-16-84.21 Bond of judge of probate. Before entering upon the additional duties imposed
by this subpart, the judge of probate shall execute an additional bond in such penal sum as
may be prescribed by the governing body of the county, giving as surety thereon a bonding
company authorized to do business in this state. The bond shall be conditioned as other official
bonds, shall be approved by the governing body of the county, and shall be filed and recorded
in the office of the clerk of the circuit court of the county. A certified copy of such bond
shall be furnished by the judge of probate to the state Comptroller. Premiums on such bond
of the judge of probate shall be paid from the general fund of the county. (Act 89-513, p.
1057, §2.)...
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