§12-13-33. Amount of bond.

Latest version.

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 Excess Over
Zero $250,000 $25,000 ____
$250,000 $1,000,000 $25,000+5% $250,000
$1,000,000 ____ $62,500+1% $1,000,000

Annual Collections
Over	But Not Over	Amount of Bond	Of Excess Over
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.)

                    
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