1. MCA Contents
  2. TITLE 30
  3. CHAPTER 11
  4. Part 5
  5. 30-11-510 Bond and sureties -- approval -- filing

TITLE 30. TRADE AND COMMERCE

CHAPTER 11. SALES

Part 5. Auction Sales and Auctioneers

Bond And Sureties -- Approval -- Filing

30-11-510. Bond and sureties -- approval -- filing. (1) Bond must be payable to the state, with one or more sureties, in the sum of $5,000 and approved by the county clerk of the county in which the auctioneer resides and filed in the clerk's office.

(2) If the auctioneer is not a resident, the bond must be filed with the county clerk of the county of this state in which the auctioneer carries on the auctioneer's principal auction business.

History: En. Sec. 3401, Pol. C. 1895; re-en. Sec. 2120, Rev. C. 1907; re-en. Sec. 4148, R.C.M. 1921; Cal. Pol. C. Sec. 3285; re-en. Sec. 4148, R.C.M. 1935; amd. Sec. 2, Ch. 173, L. 1963; Sec. 66-204, R.C.M. 1947; amd. and redes. 74-710 by Sec. 10, Ch. 263, L. 1977; R.C.M. 1947, 74-710; amd. Sec. 928, Ch. 56, L. 2009.