58-73-30. On presentation of proper bond officer to be inducted.
Upon presentation to the person authorized by law to take, accept and file official bonds, of any bond duly executed in the penal sum required by law by the officer chosen to any such office, as principal, and by any surety company, as security thereto, whose insurance or guaranty is accepted as security upon the bonds of United States bonded officials (such insurance company having complied with the insurance laws of the State of North Carolina), or by any other good and sufficient security thereto, such bond shall be received and accepted as sufficient, and the principal thereon shall be inducted into office. (1899, c. 54, s. 53; 1901, c. 706, s. 1, subsec. 5; Rev., s. 276; C.S., s. 344.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 73 - Bonds in Surety Company.
§ 58-73-1 - State officers may be bonded in surety company.
§ 58-73-5 - When surety company sufficient surety on bonds and undertakings.
§ 58-73-10 - Clerk to notify county commissioners of condition of company.
§ 58-73-15 - Release of company from liability.
§ 58-73-20 - Company not to plead ultra vires.
§ 58-73-25 - Failure to pay judgment is forfeiture.
§ 58-73-30 - On presentation of proper bond officer to be inducted.