Section 12-13-33 Amount of bond. - Alabama Statutes

Section 12-13-33

Amount of bond.

The official bond of the probate judge shall be determined by the use of the following table based on a percentage of the total annual collections recorded in the latest audit report for each office published at least four months prior to the date the bond is required to be filed:

TABLE FOR COMPUTING AMOUNT OF BOND

Annual Collections
Over	But Not Over	Amount of Bond	Of ExcessOver
Zero	$250,000	$25,000	…
$250,000	$1,000,000	$25,000+5%	$250,000
$1,000,000	—	$62,500+1%	$1,000,000

(Acts 1933, Ex. Sess., No. 191, p. 203; Code 1940, T. 41, §87; Acts 1986, Ex. Sess., No. 86-682, p. 76.)