Montana § 2-9-517 Contribution Between Sureties

Montana Statutes

§ 2-9-517 — Contribution Between Sureties

Montana § 2-9-517

Title 2GOVERNMENT STRUCTURE AND ADMINISTRATION

Ch. 9LIABILITY EXPOSURE AND INSURANCE COVERAGE

Part 5General Provisions Related to Official Bonds

This text of Montana § 2-9-517 (Contribution Between Sureties) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 2-9-517 (2026).

Text

2-9-517 . Contribution between sureties. Whenever the sureties on either bond have been compelled to pay any sum of money on account of the principal obligor therein, they are entitled to recover in any court of competent jurisdiction of the sureties on the remaining bond a distributive part of the sum thus paid in the proportion which the penalties of such bonds bear one to the other and to the sums thus paid, respectively.

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2-9-517 . Contribution between sureties. Whenever the sureties on either bond have been compelled to pay any sum of money on account of the principal obligor therein, they are entitled to recover in any court of competent jurisdiction of the sureties on the remaining bond a distributive part of the sum thus paid in the proportion which the penalties of such bonds bear one to the other and to the sums thus paid, respectively.

Legislative History

En. Sec. 1072, Pol. C. 1895; re-en. Sec. 400, Rev. C. 1907; re-en. Sec. 491, R.C.M. 1921; Cal. Pol. C. Sec. 969; re-en. Sec. 491, R.C.M. 1935; R.C.M. 1947, 6-322.