No bond of any public officer of this state executed by any individual, or firm as surety, shall be accepted or approved unless the persons or firm executing the same shall be the owners of unencumbered real estate or personal property in this state to an amount equal to the amount for which they respectively […]
In all actions at law upon the bond of any officer in this state wherein the original bond of such officer cannot be produced in court, the certified copy thereof, under the seal of the officer making the record, shall be received by any court for the same uses and purposes as the original bond; […]
The county clerk of each of the several counties shall be entitled to a fee of two dollars and fifty cents ($2.50) for filing and recording each bond of a county officer, and one dollar [($1.00)] for filing and recording each bond of a precinct officer; the fees for such filing and record to be […]
It shall be the duty of the board of county commissioners of each county at each regular meeting thereof on the first day of each meeting to examine and inquire into the sufficiency of all the official bonds given or to be given by any county or precinct officer as required by law, and if […]
Sections 10-2-13 through 10-2-16 NMSA 1978 may be cited as the “Surety Bond Act”. History: 1953 Comp., § 5-2-13, enacted by Laws 1978, ch. 132, § 1. ANNOTATIONS Repeals and reenactments. — Laws 1978, ch. 132, § 1, repealed 5-2-13, 1953 Comp. (former 10-2-13 NMSA 1978), relating to the short title, and enacted the above […]
As used in the Surety Bond Act [10-2-13 to 10-2-16 NMSA 1978]: A. “department” means the general services department; B. “director” means the director of the risk management division of the department; C. “employee” means any officer or employee of the state, including elected or appointed officials and persons acting on behalf or in service […]
A. The department shall provide surety bond coverage for all employees. Whenever an employee is required by another law to post bond or surety as a prerequisite to entering employment or assuming office, the requirement is met when coverage is provided for the office or position under the provisions of the Surety Bond Act [10-2-13 […]
A. There is created in the state treasury a “surety bond fund”. B. Money deposited in the surety bond fund may be expended by the department: (1) to provide surety bond coverage; (2) to create a retention fund to cover all or any portion of the surety bond risks of state agencies and covered educational […]
ANNOTATIONS Repeals. — Laws 1978, ch. 132, § 6, repealed 5-2-17, 1953 Comp. (10-2-17 NMSA 1978), relating to bonds required under other laws, effective March 6, 1978.
No county or district officer shall be in future surety on the official bond of another county officer, and no such officer who shall be required to give bond shall be considered as qualified, if any other of the officers above mentioned shall give such bond. History: Laws 1882, ch. 34, § 1; C.L. 1884, […]
It shall be unlawful for any state or county officer who is required by law to give official bonds to sign any bond or become surety for any other person or persons during the term for which he is required to give official bonds for himself. History: Laws 1903, ch. 57, § 1; Code 1915, […]
Any violation of the preceding section [10-2-3 NMSA 1978] shall constitute a misdemeanor in office. History: Laws 1903, ch. 57, § 2; 1905, ch. 85, § 1; Code 1915, § 514; C.S. 1929, § 17-110; 1941 Comp., § 10-204; 1953 Comp., § 5-2-4. ANNOTATIONS Compiler’s notes. — The compilers of the 1915 Code substituted “preceding […]
The bonds given by all persons elected or appointed to office in this state shall be recorded. History: Laws 1893, ch. 56, § 1; C.L. 1897, § 3187; Code 1915, § 515; C.S. 1929, § 17-111; 1941 Comp., § 10-205; 1953 Comp., § 5-2-5. ANNOTATIONS Am. Jur. 2d, A.L.R. and C.J.S. references. — 67 C.J.S. […]
The bonds of all state and district officers shall be recorded in a record book to be provided for that purpose, and known as the record of official bonds, in the office of the secretary of state. History: Laws 1893, ch. 56, § 2; C.L. 1897, § 3188; Code 1915, § 516; C.S. 1929, § […]
The bonds of all state officials, and of the members of all state boards and institutions, after having been recorded as required by law, shall be filed and kept in the office of the secretary of state; and all state bonds now filed elsewhere shall be transferred to the office of the secretary. History: Laws […]
The bonds of all county officers and constables shall be recorded in the office of the county clerk in a book designated as the record of official bonds. After having been recorded, the bonds shall be filed and kept in the office of the county clerk. History: Laws 1893, ch. 56, § 3; C.L. 1897, […]
Each and every person who may hereafter be elected or appointed to office in this state, required by law to give bond, shall file the same for record before entering upon the discharge of the duties of the office. History: Laws 1893, ch. 56, § 5; C.L. 1897, § 3190; Code 1915, § 519; C.S. […]
