New Bond Requirements for Superior Court Clerks
Effective July 1, 2012, O.C.G.A. Section 15-6-59 (as amended by HB 665; Act 599) increases the required minimum amount of the Public Official’s Bond for the Clerk of Superior Court from $25,000 to $150,000.
For the 105 counties that participate in ACCG’s Property & Liability insurance program, no action will be required. The ACCG-IRMA coverage document provides bond coverage to the extent required by State or local law, therefore coverage provided by ACCG-IRMA is automatically increased to the newly required amount. There will be no additional charge for this added coverage.
If your county does not participate in the ACCG-IRMA program, you should contact your local agent to confirm that you are in compliance with the new law.
For more information on ACCG Insurance Programs contact Ben Pittarelli at 404.522.5022 or bpittarelli@accg.org
ACCG
http://www.accg.org/