Each inspector employed by the Commissioner for the inspection and examination of warehouses licensed under this Article shall be bonded in an amount not less than five thousand dollars ($5,000), or in such greater amount as the Commissioner deems necessary, for the faithful performance of his duties and for the proper accounting of all funds coming into his hands. The cost of the bond shall be paid by the Department of Agriculture and Consumer Services.
N.C. Gen. Stat. § 106-451.25
Inspectors to be bonded
Known as the North Carolina Cotton Warehouse Act
The act spans §§ 106–106 (22 sections).
1987, c. 840, s. 1; 1997-261, s. 109.
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.