Liability of surety limited to amount of bond.

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  5. Liability of surety limited to amount of bond.

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37-26-5. Liability of surety limited to amount of bond.

The aggregate liability of the surety to all persons for all breaches of the conditions of the bonds provided herein shall in no event exceed the amount of the bond.

Source: SL 1975, ch 246, §9.


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