§ 12-35B. Maximum amount of premium.  


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  • The premium or compensation for becoming a surety on a bond shall not exceed five (5) percent of the amount of such bond where the offense charged is a misdemeanor. The premium or compensation for becoming a surety on a bond shall not exceed eight (8) percent of the amount of such bond where the offense charged is a felony. (1971, ch. 765, § 4.)