2-9-514. Additional security.
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/mt/title-2/chapter-9/part-5/2-9-514A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
2-9-514 . Additional security.
(1)The additional bond given pursuant to 2-9-513
(2)must be in the penalty directed by the court, judge, board, officer, or other person and in all other respects similar to the original bond and approved by and filed with the same officer as required in case of the approval and filing of the original bond.
(2)Each additional bond filed and approved is of like force and obligation upon the principal and sureties from the time of its execution and subjects the officer and the sureties to the same liabilities, suits, and actions that are prescribed respecting the original bonds of officers.
(3)The original bond is not discharged or affected when an additional bond has been given, but the original bond remains of the same force and obligation as if the additional bond had not been given.