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SB 987 - Currently, all recorders of deeds elected in first, second, and third classification counties shall enter into bond with the state for an amount set by the county commission. However, this amount shall not be less than one thousand dollars with sufficient sureties. Under this act, those provisions shall only apply to recorders of deeds elected prior to January 1, 2021. Also, this act creates a new provision that provides all recorders of deeds elected after January 1, 2021, in first, second, and third classification counties shall enter into bond with the state for an amount set by the county commission. However, this amount shall not be less than five thousand dollars with sufficient sureties. This act is identical to SB 468 (2019) and substantially similar to SS#2/SCS/HCS/HB 1854 (2020). MARY GRACE BRUNTRAGER
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