Montana Statutes

§ 2-9-525 — Liability Of Sureties When New Bond Is Given

Montana·Title 2 GOVERNMENT STRUCTURE AND ADMINISTRATION·Ch. 9 LIABILITY EXPOSURE AND INSURANCE COVERAGE·Part 5 General Provisions Related to Official Bonds
2-9-525 . Liability of sureties when new bond is given. In case a new or additional undertaking be filed, the sureties on the original undertaking not asking to be released and on the new or additional bond or undertaking shall be and continue liable for the official acts of such officer or person, jointly and severally, the same as if all were sureties on one and the same instrument. This shall not be deemed to provide retroactive liability on the new surety.

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Legislative History

En. Sec. 4, Ch. 134, L. 1941; R.C.M. 1947, 6-328.

Nearby Sections

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