Title 34, Chapter 9, Section 353
( 34-9-353)
The administrator and the custodian, before entering upon the
performance of their duties, shall each execute and file an official
surety bond of not less than $50,000.00. The bonds shall be approved
as to form and sufficiency by the Attorney General. The bonds shall
be payable to the Subsequent Injury Trust Fund and conditioned upon
the faithful performance of the respective duties of the
administrator and custodian. The premium for the bonds shall be paid
out of the moneys of the Subsequent Injury Trust Fund. |