§ 12-8. Information concerning real estate holdings to be filed with clerk of circuit court.

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Before entering into any bond, every bondsman licensed by the city shall file, with the clerk of the circuit court of the city, a list of such bondsman's several tracts, parcels or lots of land, briefly describing the location of, and improvements on, each separate tract, parcel or lot, and giving the fair market value of each separate tract, parcel or lot and the improvements thereon and the amount of all liens and encumbrances, if any, on each separate tract, parcel or lot. Whenever there is any change in the real estate or liens or encumbrances thereon, the value thereof, owned by such bondsman, decreasing the bondsman's equity therein, a new list shall be filed with the clerk, setting forth the information herein required to be given in the original list. A bondsman may, at any time, file a revised list under the provisions of this section.

(Ord. No. 49, § 6; Code 1961, § 12-50)

(Ord. No. 49, § 6; Code 1961, § 12-50)

                    
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