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SURETY RULE - NO. 2
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Amount of Bonds Outstanding
No professional bondsman or bonding company shall at any time have a total of outstanding
liabilities and potential liabilities on bonds exceeding an amount equal to 100%
of the net assets shown on their current affidavit of assets. Appraisement
and certificates of ownership of property shall be determined from directions of
the Administrative Judge. The basis for determining outstanding liabilities
and potential liabilities shall include all bonds in all courts for which the bondsman
or bonding company is currently acting as surety. Outstanding liabilities
shall be defined as bonds which have been ordered forfeited and not set aside.
Potential liabilities shall be defined as bonds outstanding.
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