No property seized under any order, judgment, writ, mandate, or process of a court may be released from seizure under a release or forthcoming bond unless it is executed by:
(1) A surety company licensed to do business in this state; or
(2) An individual surety, and has been approved by the sheriff after the latter has satisfied himself of the solvency of the surety.
Articles 5121 through 5126 apply to a release or forthcoming bond.