Alaska Statutes Title 39, Chapter 39.15 - Official Bonds

• Sec. 39.15.010 Form, Amount, and Conditions.
  The official bond of an officer or employee of the state required by statute or regulation under authority of law shall be in a...
• Sec. 39.15.020 Obligation and Effect.
  Bonds of state officers and employees are in force and obligatory upon the principal and sureties for breach of the condition of the bond...
• Sec. 39.15.030 Action on Bond.
  An official bond executed by a state officer or employee is in force and obligatory upon the principal and sureties to and for the...
• Sec. 39.15.040 Recovery on Defective Bond.
  If a bond does not contain the matter or condition required by law, or there is a defect in the approval or filing of...
• Sec. 39.15.050 Procedure When Bond Becomes Insufficient.
  (a) If a surety on the bond dies, removes from the state, becomes insolvent or insufficient, or the penalty of the bond becomes insufficient,...
• Sec. 39.15.060 Number of Sureties.
  Unless expressly provided otherwise, each official bond shall have at least two individual sureties or one corporate surety.
• Sec. 39.15.070 Justification of Sureties.
  The officer charged with the duty of approving official bonds of officers and employees may not approve a bond unless the surety on the...
• Sec. 39.15.080 Release of Sureties.
  A surety on an official bond may be released from liability accruing after proceedings are taken under AS 39.15.090 .
• Sec. 39.15.090 Proceedings for Release of Sureties.
  A surety desiring to be released from liability on a bond shall file with the Department of Administration a statement in writing, signed by...
• Sec. 39.15.100 Failure to File New Bond.
  (a) If a state officer or employee fails to file a new bond within 15 days from the date of personal service or within...

Last modified: November 15, 2016