Section 59-831 - NOTIFICATION OF EXPIRATION OR FAILURE TO FURNISH OFFICIAL BOND — COLLECTION AND DEPOSIT OF UNEARNED PREMIUMS.

ID Code § 59-831 (2019) (N/A)
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59-831. NOTIFICATION OF EXPIRATION OR FAILURE TO FURNISH OFFICIAL BOND — COLLECTION AND DEPOSIT OF UNEARNED PREMIUMS. In addition to the other duties prescribed by law, it shall be the duty of the secretary of state, in the case of official bonds of state officers or employees, and the county recorder in the case of official bonds of county officers or employees, to notify the governor or the board of county commissioners, as the case may be, at the expiration of any official bond or of the failure of any person to furnish the official bond required by law. It shall be the duty of such officers, within their respective jurisdictions, to collect any unearned premiums that may accrue for any reason and cause the same to be deposited in the state or county treasury, as the case may be, to the credit of the fund out of which the same was originally paid.

History:

[59-831, added 1971, ch. 136, sec. 86, p. 522.]