Form Lic-756-2 - Bond Of Automotive Dismantler And Parts Recycler
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2LIC: 756-2 7/15
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A
D
R
Bond Number
LABAMA
EPARTMENT OF
EvENuE
______________________
B
& L
T
D
uSINESS
ICENSE
Ax
IvISION
S
& L
S
EvERANCE
ICENSE
ECTION
Bond of Automotive Dismantler and Parts Recycler
KNOW ALL MEN BY THESE PRESENTS, that we ________________________________________________________________
_____________________________________________________________________________________________________________
City__________________________________ , County_________________________________ , State________________________ ,
As Principal (hereinafter called Principal), and ____________________________________________________________________
NAME OF SURETY
________________________ of _______________________________________________________________________________ , as
Surety (hereinafter called Surety), are held and firmly bound unto the State of Alabama in the sum of Twenty-five Thousand
Dollars ($25,000.00), for payment of which, well and truly to be made, we bind ourselves, our heirs, executors, administra-
tors, successors, and assigns, jointly and severally, firmly by these presents.
The condition of the foregoing obligation is such that:
WHEREAS, the Principal has been duly licensed as an “automotive dismantler and parts recycler” by the Alabama
Department of Revenue as provided for in the Sections 40-12-410 through 40-12-425, Code of Alabama 1975, subject to the
execution of this bond.
NOW THEREFORE, in consideration of the Premise:
If the aforesaid Principal shall well and faithfully perform the duties as such “automotive dismantler and parts recy-
cler,” then this obligation shall be null and void; otherwise, the same shall remain in full force and effect.
It is expressly understood and agreed that neither this obligation nor any liability thereunder shall be released or the
validity thereof affected by reason of the adoption by the State of Alabama of any Act in lieu of or amendatory to said laws,
but this obligation shall continue in full force and effect with respect to said statutes or any amendments thereto or changes
therein which may be adopted before the cancellation of this obligation as herein provided, or before the actual cancellation
and surrender of this obligation by the State of Alabama pursuant to any law now existing or hereafter adopted relating
thereto.
The Surety on this bond may be released and discharged from any and all liability to the State of Alabama accruing on
this bond after the expiration of sixty (60) days from the date upon which said Surety shall have filed with the Alabama
Department of Revenue written request to be released and discharged; provided, however, such request shall not operate to
relieve, release, or discharge such Surety from any liability already accrued or which shall accrue before the expiration of
said sixty-day (60) period.
IN WITNESS WHEREOF, we hereunto set our names and seals on this date______________________________________ .
___________________________________ ___________________________________ ___________________________________
NAME OF SURETY COMPANY
SIGNATURE OF PRINCIPAL, PARTNER, MEMBER, OR CORPORATE OFFICER
(TYPE OR PRINT NAME)
By: ________________________________ ___________________________________ ___________________________________
SIGNATURE OF AGENT OF SURETY COMPANY
SIGNATURE OF PARTNER/MEMBER
(TYPE OR PRINT NAME)
Telephone (_______) _________________ _ ___________________________________ ___________________________________
SIGNATURE OF PARTNER/MEMBER
(TYPE OR PRINT NAME)
___________________________________ ___________________________________ ___________________________________
COMMISSIONER OF REVENUE
SIGNATURE OF PARTNER/MEMBER
(TYPE OR PRINT NAME)
, ALL NAMES MUST BE TYPED UNDER SIGNATURES ,
(See Back For Special Instructions)
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