§ 58-71-16 - No return of premium; bond reduction.

NC Gen Stat § 58-71-16 (2019) (N/A)
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58-71-16. No return of premium; bond reduction.

Notwithstanding any other provision of law or rules adopted by the Commissioner under this Article, if, after an agreement has been entered into between a defendant and a surety, the defendant's bond is reduced, the surety shall not be required to return any portion of the premium to the defendant.