Posts Tagged ‘Alabama Defective Title Surety bond’

Alabama Defective Title Surety bond

Tuesday, May 4th, 2010

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.