Payment of Premiums on Bonds.

  1. Law
  2. Code of Alabama
  3. Public Officers and Employees.
  4. Official Bonds.
  5. Bonds of State Officers, Employees, etc., Generally.
  6. General Provisions.
  7. Payment of Premiums on Bonds.

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Section 36-5-44

Payment of premiums on bonds.

When any official bond or bonds required by this code of officers, agents and employees of the state and its boards, agencies and commissions shall be secured or insured by a guaranty or surety company or companies, the premiums shall be paid out of the funds of the department, institution, commission, bureau or agency for the officers or employees of the same.

(Code 1940, T. 41, §118.)


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