Georgia Statutes

§ 33-24-50 — Action as sureties upon guaranteed arrest bond certificates; acceptance of certificates

Georgia·Title 33
(a)Any domestic or foreign insurance company, fidelity insurance company, or surety company which has qualified to transact business within this state may contract to become surety, in an amount not to exceed $1,000.00 each, for any guaranteed arrest bond certificates issued by an automobile club or association or by a trucking club or association by filing with the Commissioner a certificate thus to become surety.
(b)The certificate shall be in a form which shall be prescribed by the Commissioner and shall state:
(1)The name and address of the automobile club or clubs or automobile association or associations or of the trucking club or clubs or trucking association or associations issuing the guaranteed arrest bond certificates of which the company undertakes to be surety; and (2) The

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