SECTION 365:25-5-56. Limits on outstanding liabilities

Latest version.

The outstanding liabilities of the bondsman cannot exceed sixty percent (60%) of the professional deposit writing limit for at least one year prior to making application for partial release of deposit.

[Source: Added at 27 Ok Reg 165, eff 11-1-09 (emergency); Added at 27 Ok Reg 1551, eff 7-14-10]

                    
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