§ 7504. Limitation of liability.
§ 7504. Limitation of liability. Nothing contained in this chapter shall make a recognizor, obligor, or other party liable for damages beyond the penalty of his or her recognizance, bond, or specialty; or in any manner extend, abridge, or alter the legal operation of any recognizance or other instrument. Code 1852, § 2580; Code 1915, […]
§ 7505. Inadequate penalty; priority of claims.
§ 7505. Inadequate penalty; priority of claims. If the penalty of a recognizance or bond, acknowledged or executed as mentioned in § 7501 of this title, is not adequate to cover all the damages sustained on occasion of the breaches of the condition thereof, and such damages are sustained by several persons, such persons shall […]
§ 7506. Installment payments, recovery of.
§ 7506. Installment payments, recovery of. Sections 7501-7505 of this title shall extend to an action upon a bond or specialty in a penal sum with condition for the payment of money or interest of money by installments or on different days, unless such action is commenced after all the sums, whether for principal or […]
§ 7507. Proceedings to compel entry of satisfaction.
§ 7507. Proceedings to compel entry of satisfaction. (a) In all cases where recognizances are liens on real estate in this State, and the same have been paid, and the recognizees, or their executors, administrators or assigns, refuse or neglect to enter satisfaction of such recognizance, on the record thereof in the office where the […]