(a) Tax collectors and tax commissioners shall give bond and security for 40 percent of the state tax supposed to be due from the county for the year for which the officer is required to give bond. The amount of bond shall be determined by the commissioner before being sent to the several counties. The required bond shall not exceed $50,000.00.
(b) The tax collector or tax commissioner shall give a bond with sufficient security payable to the governing authority of the county and conditioned upon the faithful performance of his duties as tax collector or tax commissioner for the collection of the county taxes. Each bond shall be for an amount to be fixed by the county governing authority. The bond required of the tax collector or tax commissioner on behalf of the county shall not exceed $100,000.00.
Section: Previous 48-5-120 48-5-121 48-5-122 48-5-123 48-5-124 48-5-125 48-5-126 48-5-126.1 48-5-127 48-5-128 48-5-128.1 48-5-129 48-5-130 48-5-131 48-5-132 NextLast modified: October 14, 2016