BONDS.

Checkout our iOS App for a better way to browser and research.

41-3307. BONDS. In any proceeding under this act, the director and his deputies shall be responsible on their official bonds for the faithful performance of their duties. If the court deems it desirable for the protection of the assets, it may at any time require an additional bond from the director or his deputies, and such bonds shall be paid for out of the assets of the insurer as a cost of administration.

History:

[41-3307, added 1981, ch. 249, sec. 2, p. 508.]


Download our app to see the most-to-date content.