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§ 7-101 – Execution of bond; sureties

7-101. Execution of bond; sureties When a bond or undertaking is required by law to be given for the faithful performance of a duty or obligation, or required to be given in a judicial proceeding in a court of this state, the bond shall, unless otherwise specified by the law requiring it, be executed by […]

§ 7-102 – Qualification of sureties

7-102. Qualification of sureties A bond shall not be approved if executed by individual sureties unless the sureties appear upon the tax roll of the county for an amount at least equal to the penalty of any other judicial bonds upon which they may already be sureties. If a surety is married, the bond shall […]

§ 7-103 – Corporate surety; power of attorney; fee

7-103. Corporate surety; power of attorney; fee A. When a bond or undertaking conditioned upon the faithful performance of a duty, or upon doing or refraining from doing anything in the bond or undertaking specified, is by the laws of this state required or permitted to be given with surety, the execution or the guaranteeing […]

§ 7-104 – Bonds payable to state

7-104. Bonds payable to state Any bond or undertaking given by a trustee, receiver, assignee or officer of a court in any action or proceeding for the faithful discharge of his duties, where it is not otherwise provided, shall be payable to the state, and upon leave of the court where the action or proceeding […]

§ 7-105 – Bail undertaking in a criminal action as lien

7-105. Bail undertaking in a criminal action as lien A. A bail undertaking in a criminal action, or after conviction of a defendant, or upon appeal therefrom shall be a lien on any real property described therein from the time of recording such undertaking in the office of the county recorder of the county in […]

§ 7-106 – Deposit in lieu of bond

7-106. Deposit in lieu of bond A. In a civil or criminal matter or proceeding when a bond is required of a party, he may, instead of giving the bond, deposit with the court lawful money of the United States in the sum required in the bond, which shall be accepted in lieu of the […]

§ 7-107 – Sufficiency of bond; objection

7-107. Sufficiency of bond; objection In an action or proceeding in a state court, when a bond is required or permitted to be given, the adverse party may object to its sufficiency at any time within three days after receiving notice of giving the bond, by serving the adverse party, or the officer who takes […]

§ 7-108 – Notice of justification

7-108. Notice of justification The party or officer receiving the notice provided for in section 7-107 shall, within three days, serve the opposite party with a notice in writing that the sureties on the bond, or other sureties will justify before an officer authorized to approve the bond, and the time and place when and […]

§ 7-110 – Joint control of assets secured by bond

7-110. Joint control of assets secured by bond A. Any party of whom a bond, undertaking or other obligation is required and his surety may make an agreement providing for the safekeeping of any monies or assets for which he and his surety are or may be responsible by depositing them with a bank, savings […]