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Alabama · Through Act 2026-611

Ala. Code § 27-24-4: Sole Surety - Cosureties on Bond of State Treasurer.

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Where this section sits in the code
  1. Title 27 Insurance.
  2. Chapter 24 Surety Insurance Contracts.

No such corporation or insurer shall, however, be accepted as sole surety on the bond of the State Treasurer but may become and be accepted as a cosurety with other persons or with other authorized surety insurers upon such bond, and in such event, its property or credit shall not be estimated to exceed $100,000.00.

Collected 2026-09-03T14:01:51Z. Source file · JSON

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