AL HB530

County official bonds would be governed exclusively by county bonding laws (Title 11, Chapter 2), not state official bond requirements under Title 36, Chapter 5

Offices receiving official bonds must notify officers when their bond becomes deficient after the 40-day filing deadline expires

Officers would have 15 days after receiving deficiency notification to remedy the issue before their office is vacated

Division of Risk Management authorized to create a voluntary program where state officers and employees can request the division to file their official bond with the appropriate authority on their behalf

Repeals Section 36-5-41 governing additional bond procedures for the Director of Finance, State Treasurer, and other state officers; effective October 1, 2026