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Alaska Statutes Title 39. Public Officers and Employees § 39.15.070. Justification of sureties

Current as of January 01, 2025 | Updated by Findlaw Staff

The officer charged with the duty of approving official bonds of officers and employees may not approve a bond unless the surety on the bond is a surety company qualified to do business in the state, or unless each individual surety justifies before an officer authorized to administer oaths that the surety is

(1) a resident and freeholder within the state; and

(2) worth double the amount for which the surety becomes surety over and above all debts and liabilities in property located in the state that is not exempt from seizure and sale under execution.

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Cite this article: FindLaw.com - Alaska Statutes Title 39. Public Officers and Employees § 39.15.070. Justification of sureties - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-39-public-officers-and-employees/ak-st-sect-39-15-070/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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