Statutes, codes, and regulations
Code of Alabama
Title 40 - REVENUE AND TAXATION
Chapter 19 - MOTOR CARRIER MILEAGE TAX
Section 40-19-16 - Bond or other security for collection of tax

Ala. Code § 40-19-16

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Current through the 2024 Regular Session.
Section 40-19-16 - Bond or other security for collection of tax

Every such motor carrier shall file with the Department of Revenue a bond in the sum not to exceed $1,000, made payable to the State of Alabama to insure the collection of such mileage tax. Such bond to be approved by the Commissioner of the Department of Revenue; provided, that the Commissioner of the Department of Revenue may accept bonds issued by the State of Alabama or other adequate security in lieu of such bond.

Ala. Code § 40-19-16 (1975)

Acts 1939, No. 664, p. 1050, §18; Code 1940, T. 48, §301(50).