Colorado Statutes

§ 24-13-111 — Effect of new bond - release

Colorado·Title 24 Government·Art. Official Bonds
If a new bond is given by any officer, then the former sureties shall be entirely released and discharged from all liability incurred by any such officer as to any business which may have been transacted from and after the time of the approval of the new bond, and the sureties to the new bond shall be liable for all official delinquencies of said officer, whether of omission or commission, which may occur after approval of the new bond.

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Legislative History

Source: R.S. p. 487, � 14. G.L. � 1944. G.S. � 2490. R.S. 08: � 4691. C.L. � 7975. CSA: C. 117, � 13. CRS 53: � 99-1-12. C.R.S. 1963: � 99-1-12.

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