29.1506 Fidelity and surety insurance.

Cite as [A.S.C.A. § 29.1506]

Fidelity and surety insurance includes all guaranteeing of persons holding places of public trust, and of the performance of contracts other than insurance policies. It also includes the execution of all bonds, undertakings and contracts of suretyship.

History: 1974, PL 13-58 § 1.