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...
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22-21-370
Section 22-21-370 Posting of securities or surety bond; custody of securities; exemption from
taxation; release of securities or bond; modification orders; hearing; effect of failure to
comply. (a) To assure the faithful performance of its obligations in the event of insolvency
each dental service corporation authorized under Section 22-21-364 shall, through the commissioner,
deposit and maintain with the Treasurer of the State Securities of the type eligible for deposit
by insurers under Section 27-6-3, which securities shall have at all times a market value
as follows: (1) A corporation which has operated no dental service plan in this state prior
to January 1, 1983, shall, prior to the issuance of its certificate of authority and before
receiving any subscription payments, place in trust with the Treasurer of the State, through
the commissioner an initial amount of $50,000.00; (2) A corporation operating a dental service
plan business in this state prior to January 1, 1983, and...
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34-27A-55
Section 34-27A-55 Fees; surety bond; renewal of registration. (a) The board shall establish
by rule fees to be charged to an appraisal management company in an amount sufficient to sustain
administration of this article. The board may also establish a late filing fee and other fees
deemed necessary by the board for the proper administration of this article. (b) In addition
to the application fee and late filing fee, where applicable, an applicant for registration
shall post with the board a surety bond in the amount of twenty-five thousand dollars ($25,000).
The bond shall be annually maintained on renewal. The bond shall be in a form prescribed by
the board by rule and shall accrue to the state for the benefit of a claimant against the
registrant to secure the faithful performance of obligations under this article. The aggregate
liability of the surety may not exceed the principal sum of the bond. (c) An appropriate deposit
of cash or security may be accepted by the board in lieu of...
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8-26-15
Section 8-26-15 Surety bond - To whom payable; conditions; damages not limited to amount of
bond, etc. Repealed by Act 2001-701, § 3, effective October 1, 2001. (Acts 1987, No. 87-628,
p. 1115, §15, Act 98–132, p. 194, §2.)...
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27-17A-34
Section 27-17A-34 Disbursement of funds. (a) Disbursement of funds discharging any preneed
contract for funeral services or funeral merchandise fulfilled after May 1, 2002, shall be
made by the trustee to the certificate holder upon receipt by the trustee of a certification
of the certificate holder that the preneed contract has been performed in whole or in part
or the preneed contract has been cancelled. Before the trustee may disburse any trust funds,
the certificate holder shall provide to the trustee a death certificate or other valid proof
of death, a letter from the preneed contract holder cancelling the preneed contract or valid
proof the contract has been cancelled in accordance with Section 27-17A-33, or valid proof
the merchandise has been delivered and installed, and services have been performed. Any trustee
accepting preneed contract proceeds under this article may rely upon the certification of
the certificate holder accompanied by the required proof, and shall not be...
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40-23-6
Section 40-23-6 License required to engage in business; one-time surety bond. (a) If any person
shall engage in or continue in any business for which a privilege tax is imposed by Section
40-23-2 as a condition precedent to engaging or continuing in such business, the person shall
apply for and obtain from the Department of Revenue a license to engage in and to conduct
such business for the current tax year upon the condition that the person shall pay the taxes
accruing to the State of Alabama under the provisions of this division; provided, that no
license shall be issued under the provisions of this division to any person who has not complied
with the provisions of this division, and no provision of this division shall be construed
as relieving any person from the payment of any license or privilege tax now or hereafter
imposed by law. (b)(1) Any person applying for an initial license or the renewal of an expired
or cancelled license on or after January 1, 2020, who is in the...
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45-14-130.05
Section 45-14-130.05 Surety 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 Clay 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 commission.
The premiums shall be paid by the county. (Act 90-460, p. 649, §6.)...
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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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45-35-242.05
Section 45-35-242.05 License; surety bond; distributor requirements; audits; records. (a) All
distributors or individuals who are subject to the tax herein levied shall acquire a license
therefor issued from the county, in an amount not to exceed fifty dollars ($50) per year.
(b) Each distributor, individual, or other person or party who is subject to the tax herein
levied shall also be required to post a surety bond in a minimum amount of ten thousand dollars
($10,000) with the county license commissioner, prior to obtaining a license. (c) Any service
station owner or operator in Houston County who directly or indirectly purchases gasoline
or gasohol from a non-licensed distributor or individual shall be deemed a distributor, for
purposes of this part, and shall comply with all requirements of this part. (d) The license
commissioner is authorized to perform audits, or to have audits performed, on any individual,
distributor or association which, in the commissioner's opinion, has...
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45-36-180.11
Section 45-36-180.11 Surety bond. Before entering upon his or her duties, the county engineer
shall make and enter into a surety bond in the amount of twenty-five thousand dollars ($25,000)
payable to the 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 each county commission. The premiums on the bonds shall be paid by the county. (Act 79-825,
p. 1557, §13.)...
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