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2019 Maine Revised Statutes
TITLE 18-C: PROBATE CODE
Article 8: MISCELLANEOUS PROVISIONS
Part 2: PROCEDURES GOVERNING BONDS
18-C §8-208. Reduction of liability where signed by surety company
Universal Citation: 18-C ME Rev Stat § 8-208 (2019)
§8-208. Reduction of liability where signed by surety company
If a surety company becomes surety on a bond given to the State of Maine, the court may, upon petition of any party in interest and after notice to all interested parties, reduce the amount for which the principal and surety are liable for a subsequent violation of the conditions of the bond. [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
SECTION HISTORY
PL 2017, c. 402, Pt. A, §2 (NEW). PL 2017, c. 402, Pt. F, §1 (AFF). PL 2019, c. 417, Pt. B, §14 (AFF).
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