GroundRules
Ala. Code § 36-5-43: Premiums on Bonds.
Where this section sits in the code
- Title 36 Public Officers and Employees.
- Chapter 5 Official Bonds.
- Article 2 Bonds of State Officers, Employees, Etc., Generally.
- Division 1 General Provisions.
The premiums on bonds required by this code of officers, agents and employees of the state and its boards, agencies and commissions shall not exceed the rate established for the same or comparable bonds by a nationally recognized rating bureau. But the minimum charge for the premium on any such bonds may be $5.00.
Collected 2026-09-03T14:01:52Z. Source file · JSON