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MULDROW v. DOUGLASS

No. 93-719.

870 S.W.2d 736 (1994)

316 Ark. 86

Calvin MULDROW d/b/a Muldrow Bonding Company, Appellant, v. Lee DOUGLASS, Insurance Commissioner, Arkansas Insurance Department, Appellee.

Supreme Court of Arkansas.

February 21, 1994.

Attorney(s) appearing for the Case

Sheila F. Campbell, Little Rock, for appellant.

Jeannette Denham, Little Rock, for appellee.

CORBIN, Justice.

Appellant, Calvin Muldrow, appeals a Pulaski Circuit Court decision upholding the Arkansas Insurance Commissioner's finding that appellant had lost his status regarding the security deposit for bail bondsmen. Since appellant was no longer qualified for the lesser statutory minimum deposit, the required security deposit increased from $25,000 to $100,000. We have jurisdiction to hear this case since it necessitates our interpretation of a statute,...

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