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2012 Missouri Revised Statutes
TITLE XXVI TRADE AND COMMERCE
Chapter 411 Missouri Grain Warehouse Law
Section 411.276 Liability of surety not cumulative.


MO Rev Stat § 411.276 (2012) What's This?

Liability of surety not cumulative.

411.276. In no event shall the liability of the surety on any bond required by section 411.275 accumulate for each successive license period during which the bond is in force. The liability of the surety shall be limited in the aggregate to the face amount of the bond.

(L. 1971 H.B. 180 3)

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