California § 996.240. 996.240. (Added by Stats. 1982, Ch. 998, Sec. 1.)

California Statutes

§ 996.240. — 996.240. (Added by Stats. 1982, Ch. 998, Sec. 1.)

California·Code CCP Code of Civil Procedure - CCP·Title 14.·Part 2. TITLE 14. OF MISCELLANEOUS PROVISIONS·Ch. 2. CHAPTER 2. Bonds and Undertakings·Art. 12. ARTICLE 12. New, Additional, and Supplemental Bonds

If a new bond is given in place of the original bond:

(a)The original bond remains in full force and effect for all liabilities incurred before, and for acts, omissions, or causes existing or which arose before, the new bond became effective.

(b)The sureties on the original bond are not liable for any act, default, or misconduct of the principal or other breach of the condition of the bond that occurs after or for any liabilities on the bond that arise after, the new bond becomes effective.

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If a new bond is given in place of the original bond:
(a)
The original bond remains in full force and effect for all liabilities incurred before, and for acts, omissions, or causes existing or which arose before, the new bond became effective.
(b)
The sureties on the original bond are not liable for any act, default, or misconduct of the principal or other breach of the condition of the bond that occurs after or for any liabilities on the bond that arise after, the new bond becomes effective.

California § 996.240. (996.240. (Added by Stats. 1982, Ch. 998, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.