This bill proposes to amend section 41-606 of the Arizona Revised Statutes, specifically updating the language regarding the corporate surety bond required for the Department of Veterans' Services. Currently, the statute mandates that the department post a bond of five hundred thousand dollars, which is conditioned on the faithful discharge of its duties. The bill clarifies the language by changing "upon" to "on," ensuring the text is more precise.
Additionally, the bill maintains the existing provisions that allow the department to act without an additional bond when appointed as an administrator, executor, guardian, or conservator, with the court or official having jurisdiction issuing an order to that effect. Overall, the changes are minor and focus on improving the clarity of the statute without altering its substantive requirements.
Statutes affected: Introduced Version: 41-606