Alabama HB530 amends bonding requirements for public officers and employees, allowing the Division of Risk Management to manage a bond program and.

Alabama HB530 amends the Code of Alabama to modify the bonding requirements for public officers and employees. It specifies that county official bonds are not governed by state official bond requirements. The bill mandates that the office receiving the filed bond must notify an officer when the bond has become deficient. It authorizes the officer to remedy the deficiency. If the deficiency is not remedied within a specified period, the officer must vacate their office.

Alabama HB530 amends bonding requirements for public officers and employees, allowing the Division of Risk Management to manage a bond program and.

Alabama HB530 amends the Code of Alabama to modify the bonding requirements for public officers and employees. It specifies that county official bonds are not governed by state official bond requirements. The bill mandates that the office receiving the filed bond must notify an officer when the bond has become deficient. It authorizes the officer to remedy the deficiency. If the deficiency is not remedied within a specified period, the officer must vacate their office.