§ 10-5-32. Surety on defendant's bond — Lien on surety's real estate.
Whenever a member of the division of sheriffs shall take a bond for the release of
goods and chattels attached on an original writ or a writ of mesne process, in which
the ad damnum shall be more than one thousand dollars ($1,000), the bond shall be
in the penal sum of the amount of damages stated in the writ, with some surety company
authorized to do business in this state as surety, unless the defendant can furnish
as surety a resident of the state satisfactory to the officer taking the bond, who
is the owner of real estate in this state having a value over all incumbrances ther
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§ 10-5-32. Surety on defendant's bond — Lien on surety's real estate.
Whenever a member of the division of sheriffs shall take a bond for the release of
goods and chattels attached on an original writ or a writ of mesne process, in which
the ad damnum shall be more than one thousand dollars ($1,000), the bond shall be
in the penal sum of the amount of damages stated in the writ, with some surety company
authorized to do business in this state as surety, unless the defendant can furnish
as surety a resident of the state satisfactory to the officer taking the bond, who
is the owner of real estate in this state having a value over all incumbrances thereon,
equal to the penal sum of the amount of damages stated in the writ. In case the owner
of such real estate is accepted as surety, the bond shall contain a description of
the real estate, so that the real estate may be readily identified in the records
of land evidence of the city or town in which it is situated, and also a statement
by the surety of the value of the real estate free from all incumbrances, and the
description and the valuation shall be sworn to by the surety, and his or her affidavit
shall be made a part of the bond. Before the goods and chattels are released, an attested
copy of the bond shall be filed with the recorder of deeds, but if there is no recorder
of deeds, then with a city or town clerk of the city or town in which the real estate
is situated, and the copy shall be recorded in the same manner as copies of writs
of attachment are recorded under the provisions of this chapter, and the bond shall
be a lien upon the real estate described in the bond until the action in which the
attachment was made is disposed of, or the bond is cancelled by the plaintiff, or
by his or her attorney of record, or by order of a court of competent jurisdiction.
The officer taking the bond shall be allowed a fee of one dollar and fifty cents ($1.50)
for making a copy of the bond, and the fee for the copy, together with the fee for
recording, shall be a part of the costs in the case. Any lien created by the provisions
of this section may be established, foreclosed, and enforced by a civil action, which
action may be heard, tried, and determined according to the usages in chancery and
the principles of equity.