Alabama Statutes
§ 12-13-33 — Amount of Bond
The official bond of the probate judge shall be determined by the use of the following table based on a percentage of the total annual collections recorded in the latest audit report for each office published at least four months prior to the date the bond is required to be filed:
TABLE FOR COMPUTING AMOUNT OF BOND
Annual Collections
Over
But Not Over
Amount of Bond
Of Excess Over
Zero
$250,000
$25,000
____
$250,000
$1,000,000
$25,000+5%
$250,000
$1,000,000
____
$62,500+1%
$1,000,000
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Legislative History
(Acts 1933, Ex. Sess., No. 191, p. 203; Code 1940, T. 41, §87; Acts 1986, Ex. Sess., No. 86-682, p. 76.)