State Codes and Statutes

Statutes > Nevada > Title-23 > Chapter-282 > Official-bonds-general-provisions > 282-150

282.150 Liability of sureties when penal sum exceeds $2,000: Several liability for portions not less than $500. When the penal sum of any bond amounts to more than $2,000, the sureties may become severally liable for portions not less than $500 of such penal sum, making in the aggregate at least two sureties for the whole penal sum.

[12:135:1865; B § 2928; BH § 1749; C § 1903; RL § 2879; NCL § 4901]

State Codes and Statutes

Statutes > Nevada > Title-23 > Chapter-282 > Official-bonds-general-provisions > 282-150

282.150 Liability of sureties when penal sum exceeds $2,000: Several liability for portions not less than $500. When the penal sum of any bond amounts to more than $2,000, the sureties may become severally liable for portions not less than $500 of such penal sum, making in the aggregate at least two sureties for the whole penal sum.

[12:135:1865; B § 2928; BH § 1749; C § 1903; RL § 2879; NCL § 4901]