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36-5-65
Section 36-5-65 When surety discharged. On the execution, approval and filing of such additional
bond, such applicant shall be discharged as surety on the bond on which such application was
made from all liability for any breach of the condition therein contained accruing subsequently
to the filing of such additional bond. (Code 1852, §150; Code 1867, §189; Code 1876, §202;
Code 1886, §297; Code 1896, §3129; Code 1907, §1545; Code 1923, §2679; Code 1940, T. 41,
§128.)...
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11-2-7
Section 11-2-7 Discharge of sureties on bonds. Any person or corporation who is surety upon
the official bond of any county official or county employee may discharge himself or itself
of the suretyship upon making sworn application in writing addressed to the official, county
commission, board, or commission required to approve the bonds, setting forth the reason for
requesting discharge. Upon the filing of the application, the official, board, or commission
to whom the application is addressed shall forthwith cause personal written notice to be served
upon the county official or county employee as principal fixing a day not less than 15 nor
more than 30 days after the date of the filing of the application requiring the county official
or county employee to provide a new bond. Upon the failure of the county official or county
employee to provide the bond within the time specified in the notice, he or she vacates his
or her office or employment, and the official, county commission,...
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43-2-88
Section 43-2-88 When sureties discharged by additional bond. When an additional bond is given
on the application of the surety of an executor or administrator, such surety is discharged
as to all breaches subsequent to the execution and approval of the additional bond. (Code
1852, §1715; Code 1867, §2036; Code 1876, §2405; Code 1886, §2057; Code 1896, §104; Code
1907, §2551; Code 1923, §5773; Code 1940, T. 61, §107.)...
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23-1-56
Section 23-1-56 Contracts to do work - Qualification of bidders. (a) Prequalifications of contractors.
The Director of Transportation shall require all bidders to furnish a statement under oath,
on such forms as the State Department of Transportation may prescribe, of detailed information
with respect to their financial resources, equipment, past record, and experience of both
the firm and personnel of the organization, together with such other information as the State
Department of Transportation may deem necessary for carrying out the provisions of this chapter.
Such forms shall include a financial statement actually prepared by a certified public accountant
(C.P.A.) or any independent licensed public accountant approved by the Alabama State Department
of Transportation, an inventory of equipment listing its location and book value, a listing
of material and equipment houses with whom a line of credit is established as well as those
firms from whom principal materials and equipment...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-1-56.htm - 13K - Match Info - Similar pages
25-5-8
Section 25-5-8 Employers' options to secure payment of compensation. (a) Option to insure risks.
An employer subject to this chapter may secure the payment of compensation under this chapter
by insuring and keeping insured his or her liability in some insurance corporation, association,
organization, insurance association, corporation, or association formed of employers and workers
or formed by a group of employers to insure the risks under this chapter, operating by mutual
assessment or other plans or otherwise. Notwithstanding the foregoing, the insurance association,
organization, or corporation shall have first had its contract and plan of business approved
in writing by the Commissioner of the Department of Insurance of Alabama and have been authorized
by the Department of Insurance to transact the business of workers' compensation insurance
in this state and under the plan. Notwithstanding any other provision of the law to the contrary,
the obligations of employers under law for...
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40-17-335
Section 40-17-335 Surety bond. (a) Upon approval of the application by the department, the
applicant shall file with the department a surety bond as herein provided: (1) Except as provided
under subdivision (3), the bond amount for an applicant for a license as a supplier, permissive
supplier, or terminal operator shall be in the approximate amount of twice the average monthly
tax liability, not to exceed two million dollars ($2,000,000). (2) Except as provided under
subdivision (3), the bond amount for an applicant for a license as an exporter, blender, importer,
or distributor shall be a minimum of two thousand dollars ($2,000) or the approximate amount
of twice the average monthly tax liability, whichever is greater. (3) The bond for distributors,
suppliers, and permissive suppliers who are licensed with the department on October 1, 2012,
shall remain at the amount that is filed with the department on that date, except as provided
under subsection (b). (4) For an applicant for a...
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2-27-56
Section 2-27-56 Surety bond or liability insurance. Each applicant for a license to perform
the custom application of pesticides shall, before a license is issued to him, furnish and
file with the commissioner a surety bond in which the State of Alabama is named as obligee
in the sum of $3,000.00 for each applicant operating ground equipment or not more than two
aircraft. Where an applicant operates more than two aircraft, the amount of the bond required
to be furnished shall be increased by the sum of $3,000.00 for each additional aircraft, provided
the total amount of any bond required under this section shall not exceed the sum of $12,000.00.
The bond shall be conditioned for the protection of, and that the licensee will answer in
damages to, persons who may suffer legal damages as a result of licensee's custom application
of pesticides or drift to plants, animals or property or by failure of licensee to comply
with any of the requirements of this article, and rules and regulations...
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36-5-63
Section 36-5-63 Approval and filing of new bond upon execution thereof. On the execution of
the additional bond provided for in this division, the same must be approved and filed with
the application and requisition with the first official bond. (Code 1852, §148; Code 1867,
§187; Code 1876, §201; Code 1886, §296; Code 1896, §3128; Code 1907, §1544; Code 1923,
§2678; Code 1940, T. 41, §127.)...
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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...
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43-2-89
Section 43-2-89 Force and obligations of former bonds continued. When the additional bond is
not given on the application of a surety, the former bonds are not discharged, but each remains
of the same force and obligation as if such additional bond had not been given; and any person
aggrieved, for a breach of the last bond, may proceed on either or all of the bonds, in the
same or in separate proceedings. (Code 1852, §1716; Code 1867, §2037; Code 1876, §2406;
Code 1886, §2058; Code 1896, §105; Code 1907, §2552; Code 1923, §5774; Code 1940, T. 61,
§108.)...
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