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Current as of January 01, 2022 | Updated by FindLaw Staff
If a judgment given against the principal on a bond is not satisfied within 30 days after it becomes final, the judgment creditor may, for the use and benefit and at the sole expense of the judgment creditor, bring an action in the name of the state against the company executing the bond.
Cite this article: FindLaw.com - Alaska Statutes Title 28. Motor Vehicles § 28.20.480. Action on bond - last updated January 01, 2022 | https://codes.findlaw.com/ak/title-28-motor-vehicles/ak-st-sect-28-20-480/
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