Section 10-47B-81 - Bond requirements.

10-47B-81. Bond requirements. If the applicant files a bond pursuant to § 10-47B-80, the bond shall:
(1) Be with a surety company approved by the secretary;
(2) Name the applicant as the principal and the state as the obligee; and
(3) Be on forms prescribed by the department.

Source: SL 1995, ch 71, § 81.