29.0204 Bonds.

Cite as [A.S.C.A. § 29.0204]

The Commissioner and deputy commissioner shall be bonded with a good and sufficient surety, to be approved by the Governor, in an amount determined by the Governor, but not less than $10,000, conditioned that he shall faithfully account for and dispose of any funds and securities received into his custody or control, in accordance with applicable law.

History: 1974, PL 13-58 § 1.