Sections
6 entriesSection 996.310Establishes that the article governs cancellation of a surety, or a surety’s withdrawal from a bond, when the bond was given outside…Section 996.320Allows a surety to cancel or withdraw from a bond by giving notice to the officer who received the bond in the…Section 996.330Sets cancellation or withdrawal of a surety to become effective at the earliest of three times: 30 days after notice is given,…Section 996.340Requires a principal to provide a new bond within 30 days after cancellation or withdrawal notice or immediately lose bond-based rights, office,…Section 996.350Exempts an existing bond from any requirement for a new bond when a surety withdraws but the withdrawal does not reduce either…Section 996.360Limits a canceling or withdrawing surety’s continuing liability to liabilities incurred and acts, omissions, or causes existing or arising before cancellation or…