40-430 - Arizona Statutes

40-430. Limitations on requiring bond of employees by common carrier; violation; classification A. A common carrier doing business in this state requiring an employee to give a bond or undertaking of any nature, shall not require the employee to have the bond or undertaking executed as surety by any particular person, and the carrier shall not reject any such bond or undertaking for any reason other than the financial insufficiency of the surety. B. A person violating this section is guilty of a class 1 misdemeanor. C. Any bond or undertaking made in violation of this section hereof is void.