In calculating amounts of bonds under Code Sections 4-6-42 and 4-6-43, the total amount of annual sales or annual purchases for the preceding calendar year shall be used; but, if an applicant for a license does not have an annual sales history, the Commissioner shall estimate the amount of annual sales or annual purchases which will occur. (Code 1981, § 4-6-44, enacted by Ga. L. 1983, p. 1161, § 1.)
Surety bond — Annual sales and purchases
O.C.G.A. § 4-6-44, under LIVESTOCK AUCTIONS.
O.C.G.A. § 4-6-44