72-16-476. Partial substitution of bond for lien. If the value required as lien property exceeds the value of the interests in property covered by the agreement referred to in 72-16-474, the department may accept a bond in an amount equal to such excess conditioned on the payment of the amount extended in accordance with the terms of the extension.

     History: En. Sec. 31, Ch. 705, L. 1979.