AL SB294

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

Officers receiving bond filings must notify public officers when their bond becomes deficient after the 40-day filing deadline expires

Officers with deficient bonds receive a 15-day grace period to remedy the deficiency before their office is vacated

Division of Risk Management may establish a program to provide scheduled position public official bonds for state officers and employees, with the option to forward bonds to appropriate authorities on their behalf

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