38-258. Limitation of liability by
sureties
When the penal amount of any bond required to be given amounts to more than one
thousand dollars, the sureties may become severally liable for portions of not less than
five hundred dollars thereof, making in the aggregate at least two sureties for the whole
penal sum. If any such bond becomes forfeited, action may be brought thereon against all
or any number of the obligors and judgment entered against them, either jointly or
severally as they are liable. The judgment shall not be entered against a surety
severally bound for a greater amount than that for which he is specifically liable by the
terms of the bond. Each surety is liable to contribution of his cosureties in proportion
to the amount for which he is liable.
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