If two (2) or more individual sureties schedule real estate in a bond, then such real estate together shall:

1. (1) Amount to one hundred thirty thousand dollars ($130,000); and
2. (2) Be subject to the approval of the Office of Driver Services.

Codification Notes: This section as promulgated prior to codification into the Code of Arkansas Rules provided as follows: "2-27-19-716 VALUE OF REAL ESTATE"