Section 36-5-11

Published: 2015

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$20 per month, or Get a Day Pass for only USD$4.99.
Section 36-5-11

Section 36-5-11Qualifications and sufficiency of sureties generally.

All personal sureties on official bonds must be residents of the state, and the aggregate value of their property, real and personal, not exempt from debts and other liabilities and in excess of their debts and liabilities must equal the penalty of the bond, and such property must be within the state. If the duties of the office of the principal are limited to a single county, the sureties must be residents of that county, and their property must be therein situated.

(Code 1876, §§164, 166; Code 1886, §262; Code 1896, §3075; Code 1907, §1488; Code 1923, §2600; Code 1940, T. 41, §41.)