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2-8-137
Section 2-8-137 Annual statements by treasurer of organization; bond of treasurer. If assessments
are levied and collected as provided in this article, the treasurer of the organization shall,
within 30 days after the end of any calendar year in which such assessments are collected,
publish through the medium of the press of the state a statement of the amount or amounts
so received by him under the provisions of this article. Before receiving such assessments,
such treasurer shall give a bond in the amount of not less than the estimated total of such
assessments as will be collected, such bond to have as surety thereon a surety company licensed
to do business in the State of Alabama, and to be in the form and amount approved by the organization
conducting such referendum and to be filed with the chairman or executive head of such organization.
(Acts 1957, No. 108, p. 142, §18.)...
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2-29-4
Section 2-29-4 Bonds of commission merchants; institution of civil actions upon bonds. Before
any permit shall be issued, the applicant therefor shall make and execute to the State of
Alabama a surety bond in the penal sum of $1,000.00, said bond to be filed in the office of
the commissioner. Said bond is intended and shall be so conditioned as to secure the faithful
account for and payment to the consignor of the proceeds of all farm products handled or sold
by such commission merchants. Every such bond shall cover every transaction (within its scope)
occurring at any time after its filing and until 60 days after any new bond shall be filed.
If at any time the commissioner is of the opinion that the responsibility of any surety or
sureties on any existing bond is or is in danger of becoming impaired for any reason, he shall
require the giving of a new bond with good and sufficient surety or sureties. Subject to the
foregoing provision, upon issue of a new permit to a commission...
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40-12-448
Section 40-12-448 Surety bond. (a) Except as provided in subsection (b), before being licensed
under this article, a person shall demonstrate proof of responsibility by depositing with
the commissioner a continuing surety bond in the amount prescribed under Section 40-12-398
from a company authorized to do business in the state. The bond must be approved by the commissioner,
payable to the state, and conditioned upon the faithful observance of all the provisions of
this article. The bond must also indemnify any person who suffers a loss by reason of failure
to observe the provisions of this article. (b) The department, by rule, may permit a surety
bond obtained under Section 40-12-398 to serve in lieu of the surety bond prescribed in subsection
(a). (Act 2019-244, §3.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-12-448.htm - 1K - Match Info - Similar pages
32-7-26
Section 32-7-26 Bond as proof of financial responsibility. (a) Proof of financial responsibility
may be furnished by a bond of a surety company duly authorized to transact business in this
state, or by a bond with at least two individual sureties each owning real estate within this
state and together having equities equal in value to at least twice the amount of such bond,
which real estate shall be scheduled in the bond and approved both as to title and value by
the judge of probate of the county in which such real estate is located. Such bond shall be
conditioned for payments in amounts and under the same circumstances as would be required
in a motor vehicle liability policy and shall not be cancelable except after 10 days' written
notice to the director. The principal and sureties shall execute and deliver an original and
one copy of such bond and schedule and, in addition, when the real property or any part thereof
listed or described in such schedule shall be located in more than...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-7-26.htm - 3K - Match Info - Similar pages
45-21-130.06
Section 45-21-130.06 Bond. Before entering upon his or her duties, the county engineer shall
make and enter into a surety bond in the amount of five thousand dollars ($5,000) payable
to Crenshaw County, conditioned for the faithful discharge and performance of his or her duties
as such engineer, and for the faithful accounting of all monies or property of the county,
which may come into his or her possession or custody. The bond shall be executed by a surety
company authorized and qualified to do business in Alabama, and be approved by the board.
The premiums thereon shall be paid by the county. (Act 87-420, p. 617, §7.)...
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45-22-130.12
Section 45-22-130.12 Surety bond. Before entering upon his or her duties, the Cullman County
Engineer shall make and enter into a surety bond in the amount of five thousand dollars ($5,000)
payable to Cullman County, conditioned for the faithful discharge and performance of his or
her duties as such engineer, and for the faithful accounting of all monies or property of
the county, which may come into his or her possession or custody. The bond shall be executed
by a surety company authorized and qualified to do business in Alabama, and shall be approved
by the chair of the Cullman County governing body. The premiums on the bonds shall be paid
by the county. (Act 79-487, p. 896, §14.)...
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34-35-7
Section 34-35-7 License fee; bond. (a) Each applicant for a transient merchant license must
include a license fee of $250 with the application, to be deposited in the county treasury
that issues the license. The license applicant must also execute a cash bond or a surety bond
issued by a corporate surety authorized to do business in this state in an amount that is
the lesser of $2,000 or five percent of the wholesale value of any merchandise or services
to be offered for sale. The surety bond must be issued in favor of the state and must be conditioned
that the applicant will pay all taxes due from the applicant to the state or to a political
subdivision of the state, any fines assessed against the applicant or the applicant's agents
or employees for a violation of this chapter, and any judgment rendered against the applicant
or the applicant's agents or employees in a cause of action commenced by a purchaser of merchandise
or services not later than one year after the date the...
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40-17-168.5
Section 40-17-168.5 Surety bond. (a) Upon approval of the application by the department, the
applicant must file with the department a surety bond. The bond amount for an applicant for
a license as a public seller of CNG/LNG or a fleet producer of CNG/LNG shall be a minimum
of twenty-five thousand dollars ($25,000) or in the approximate amount of twice the average
monthly tax liability, whichever is greater. (b) The department shall review the bond amounts
every five years beginning January 2023 to ensure that each public seller of CNG/LNG and each
fleet producer of CNG/LNG has posted a surety bond sufficient to cover twice the average monthly
tax liability as referenced in subdivision (a). Based upon this review or at any time that
the department determines that the bond amount is insufficient to cover twice the average
monthly tax liability, the commissioner may require an additional surety bond from any licensee
under one or more of the following circumstances: (1) The commissioner...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-17-168.5.htm - 4K - Match Info - Similar pages
2-31-4
Section 2-31-4 Surety bond; requirements; waiver of bond requirements. Every person licensed
as a grain dealer shall have filed with the department a surety bond for each separate location
signed by the dealer as principal and by a responsible company authorized to execute surety
bonds within the State of Alabama. Such bond shall be in the principal amount to the nearest
$1,000.00 equal to ten percent of the aggregate dollar amount paid by the dealer to producers
for grain purchased from them during the 12 month period ending no more than 30 days prior
to the time the dealer files to be licensed under this article. Persons who have been in the
business of a grain dealer for less than one year are required to only meet minimum bond requirements
their first year. Provided, that in any case the amount of the bond shall not be less than
$25,000.00 or more than $100,000.00 for each separate location. Provided further, these bond
requirements will be waived upon proof to the commissioner...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-31-4.htm - 1K - Match Info - Similar pages
34-4-24
Section 34-4-24 Bond required. Each application for an auctioneer's or apprentice auctioneer's
license shall be accompanied by a bond in the amount of $10,000. The bond shall be a cash
bond or a surety bond and, if the latter, shall be executed by a surety company authorized
to do business in this state. The bond shall be made payable to the board and conditioned
upon the applicant conducting his or her business in accordance with the provisions and intent
of this chapter. The bond shall be in a form approved by the board. No license may be issued
until such a bond has been filed with the board. (Acts 1973, No. 811, p. 1236, §17; Acts
1981, No. 81-378, p. 555, §4.)...
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