Alabama is in the process of changing some of their existing laws in regards to Certificates of Title with H 179/S 231
This new law if passed would change the surety bond amount. Currently in Alabama for defective titles the state requires a defective title bond 1.5 times the value of the car. H 179/s231 would give power to the Department of Revenue which would determine the bond amount.
4/8/10 – Passed second house; enrolled; forwarded to Executive Department
If this new law passes we will post a copy of the bond form if it has changed.
Tags: alabama, Alabama Defective Title Surety bond, surety bond
