The administrator and the custodian, before entering upon the performance of their duties, shall each execute and file an official surety bond of not less than $50,000.00. The bonds shall be approved as to form and sufficiency by the Attorney General. The bonds shall be payable to the Subsequent Injury Trust Fund and conditioned upon the faithful performance of the respective duties of the administrator and custodian. The premium for the bonds shall be paid out of the moneys of the Subsequent Injury Trust Fund.
Section: Previous 34-9-350 34-9-351 34-9-351.1 34-9-352 34-9-353 34-9-354 34-9-355 34-9-356 34-9-357 34-9-358 34-9-359 34-9-360 34-9-361 34-9-362 34-9-363 NextLast modified: October 14, 2016