2013 Montana Code Annotated
Title 2. GOVERNMENT STRUCTURE AND ADMINISTRATION
CHAPTER 9. LIABILITY EXPOSURE AND INSURANCE COVERAGE
Part 5. General Provisions Related to Official Bonds
2-9-515. Additional security -- liability of officers and sureties.


MT Code § 2-9-515 (2013) What's This?

2-9-515. Additional security -- liability of officers and sureties. The officer and the officer's sureties are liable to any party injured by the breach of any condition of an official bond, after the execution of the additional bond, upon either or both bonds. The injured party may bring an action upon either bond or may bring separate actions on the bonds respectively. The injured party may allege the same cause of action and may recover judgment in each suit.

History: En. Sec. 1070, Pol. C. 1895; re-en. Sec. 398, Rev. C. 1907; re-en. Sec. 489, R.C.M. 1921; Cal. Pol. C. Sec. 967; re-en. Sec. 489, R.C.M. 1935; R.C.M. 1947, 6-320; amd. Sec. 65, Ch. 61, L. 2007.

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