§ 12-6. Limitation on aggregate penalty of outstanding bonds.

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No bondsman licensed by the city shall enter into any bond, if the aggregate of the penalty of such bond and all other bonds, on which such bondsman has not been released from liability, is in excess of the true market value of such bondsman's real estate.

(Ord. No. 49, § 4; Code 1961, § 12-48)

(Ord. No. 49, § 4; Code 1961, § 12-48)

                    
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