§ 27-115-35. Bond for protection of corporation; other surety in lieu of bond; annual review of bond

MS Code § 27-115-35 (2019) (N/A)
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Whenever a bond is required for the protection of the corporation, letters of credit or other surety approved by the corporation may be utilized in lieu of a bond. All bonds or letters of credit shall be reviewed at least annually as to their solvency and sufficiency.