2005 Connecticut Code - Sec. 1-27. Joint control of money and assets by principal and surety.
Sec. 1-27. Joint control of money and assets by principal and surety. Any person of whom a bond, undertaking or other obligation is required may agree with his
surety or sureties concerning the deposit of any money or assets for which he and his
surety or sureties are held responsible with a bank, savings bank or safe-deposit or trust
company authorized by law to do business as such, or with any other depository approved
by the court requiring such obligation or by a judge thereof, if such deposit is otherwise
legal, for the safekeeping thereof. Such deposit shall be made in such manner as to
prevent the withdrawal of such money or assets or any part thereof without the written
consent of such surety or sureties or an order of such court or judge made on such notice
to such surety or sureties as such court or judge directs; provided such agreement shall
not release from or change the liability of the principal or sureties as established by the
terms of such bond.
Disclaimer: These codes may not be the most recent version. Connecticut 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.
