No professional bondsman shall become liable on any bond or multiple of bonds for any one individual that totals more than one-fourth of the value of the securities deposited with the Commissioner at that time, until final termination of liability on such bond or multiple of bonds.
N.C. Gen. Stat. § 58-71-175
Limit on principal amount of bond to be written by professional bondsman
1975, c. 619, s. 1; 1987, c. 728, s. 3; 1989, c. 485, s. 42.
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.