Bond Premiums As Part Of Costs In Actions And Proceedings

TITLE 41 INSURANCE CHAPTER 26 SURETY INSURANCE CONTRACTS 41-2607. Bond premiums as part of costs in actions and proceedings. In all actions and proceedings a party entitled to recover disbursements therein shall be allowed and may tax and recover such sum paid a surety insurer authorized under the laws of this state to do so for executing any bond, recognizance, undertaking, stipulation or other obligation therein, not exceeding, however, one percent (1%) on the amount of the liability upon such bond, recognizance, undertaking, stipulation, or other obligation during each year the same has been in force.