2015 Minnesota Statutes
Chapters 570 - 583 — POSTJUDGMENT REMEDIES; ALTERNATIVE DISPUTE RESOLUTION; BONDS
Chapter 574 — BONDS, FINES, FORFEITURES
Section 574.15 — SURETY COMPANIES.
When the bond or other instrument is required to be made with one surety, or with two or more sureties, it shall be sufficient if the same be executed, or the conditions thereof be guaranteed, solely by a corporation authorized by law so to do. No such corporation shall be accepted or approved as a surety or guarantor unless it holds the certificate of the commissioner of commerce, showing that it is authorized to contract as such.
History:(9689) RL s 4525; 1983 c 289 s 114 subd 1; 1984 c 655 art 1 s 92
Disclaimer: These codes may not be the most recent version. Minnesota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
