30-11-510. Bond and sureties -- approval -- filing.
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30-11-510 . Bond and sureties -- approval -- filing.
(1)Bond must be payable to the state, with one or more sureties, in the sum of $5,000 and approved by the county clerk of the county in which the auctioneer resides and filed in the clerk's office.
(2)If the auctioneer is not a resident, the bond must be filed with the county clerk of the county of this state in which the auctioneer carries on the auctioneer's principal auction business.