2014 Oklahoma Statutes
Title 51. Officers
§51-23. Official bonds - Sureties for part of amount - Actions and judgments - Contribution.
When the penal sum of any bond required to be given for the faithful performance of the duties of any state, county or municipal officer of the appointee or employee of such officer amounts to more than One Thousand Dollars ($1,000.00) the sureties may become severally liable for portions of not less than Five Hundred Dollars ($500.00) thereof, making in the aggregate at least two sureties for the whole penal sum. And if any such bond becomes forfeited, an action may be brought thereon against all or any number of the obligors, and judgment entered against them, either jointly or severally, as they may be liable. The judgment must not be entered against a surety severally bound for a greater sum than that for which he is specially liable by the terms of the bond. Each surety is liable to contribution to his co-sureties in proportion to the amount for which he is liable by the terms of the bond.
Added by Laws 1915, c. 259, § 1, emerg. eff. March 31, 1915.
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