Qualifications of surety on indemnity bond

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  5. Qualifications of surety on indemnity bond

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RS 3872 - Qualifications of surety on indemnity bond

Any resident of the state who is worth over and above all his debts and obligations an amount equal to the sum for which he will obligate himself under the bond, shall be qualified to execute as surety any indemnity bond authorized by R.S. 13:3868.


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