N.C. Gen. Stat. § 58-71-175

Current through Session Law 2024-56

Section 58-71-175 - Limit on principal amount of bond to be written by professional bondsman

No professional bondsman shall become liable on any bond or multiple of bonds for any one individual that totals more than one-fourth of the value of the securities deposited with the Commissioner at that time, until final termination of liability on such bond or multiple of bonds.

N.C. Gen. Stat. § 58-71-175

1975, c. 619, s. 1; 1987, c. 728, s. 3; 1989, c. 485, s. 42.