2006 New York Code - Approval And Filing Of Bonds; Designation Of Clerk



 
  § 802. Approval and filing of bonds; designation of clerk
    1.  All  bonds  must  be approved by the court. The court may by order
  authorize one or  more  clerks  or  law  assistants  to  approve  bonds.
  Approval  of  a  bond  must be endorsed thereon and when so endorsed the
  bond must be filed in the court.
    2. Each surety on a bond shall file an acknowledged instrument stating
  his domiciliary address and designating the chief clerk of court and his
  successors in office as a person upon whom any process of any  court  of
  the state may be served in any action or proceeding relating to the bond
  with  like  effect  as if served personally upon the surety whenever the
  surety after due diligence cannot be found and served within  the  state
  of New York.
    3. A corporate surety licensed to transact business in the state shall
  be  deemed  to have complied with the requirements of this section if it
  has filed or does file one acknowledged instrument which applies to  all
  bonds  of  the corporate surety filed and approved after the date of the
  filing and which by its term is of indefinite duration and irrevocable.
    4. The filing of a designation by a corporate surety  shall  have  the
  same  effect  as if a separate designation had been filed with each bond
  to which it is a party.

Disclaimer: These codes may not be the most recent version. New York 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.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.