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2022 Ohio Revised Code
Title 13 | Commercial Transactions
Chapter 1313 | Voluntary Assignments
Section 1313.08 | Application for Release by Surety - Hearing.
Universal Citation: OH Rev Code § 1313.08 (2022)
Effective: October 1, 1953
Latest Legislation: House Bill 1 - 100th General Assembly
A surety of an assignee or trustee for the benefit of creditors, or the executor or administrator of such surety, at any time may make application to the probate court to be released from the bond of such assignee or trustee, by filing his written request therefor with the judge of such court, and giving at least five days' notice, in writing, to such assignee or trustee. If, upon the hearing, the court is of opinion that there is good reason therefor, it shall release such surety. The death of a surety is good cause for release.
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