On the execution, approval and filing of such additional bond, the applicant sureties are exonerated from all liability on the bond upon which the application was made, for any breach thereof accruing subsequent to the approval of such additional bond.
Code 1858, § 790; Shan., § 1111; Code 1932, § 1853; T.C.A. (orig. ed.), § 8-1948.
Structure 2021 Tennessee Code
Title 8 - Public Officers and Employees
Chapter 19 - Bonds of Officers
Part 4 - New and Additional Bonds
§ 8-19-402. New Bond From Other Officers
§ 8-19-403. Requisition to Give Additional Bond
§ 8-19-404. Form of Additional Bond
§ 8-19-405. Failure to Give Additional Bond
§ 8-19-406. Obligation of Additional Bond
§ 8-19-407. Effect of New Bond on Old
§ 8-19-408. Contribution Between Sureties of Different Bonds
§ 8-19-410. Notice to Furnish New Bond
§ 8-19-411. Failure to Give New Bond
§ 8-19-412. New Bond by Consent of Principal
§ 8-19-413. Approval and Filing of New Bond
§ 8-19-414. Exoneration of Previous Sureties
§ 8-19-415. Obligation of Additional Bond
§ 8-19-416. Effect of Exoneration on Previous Liabilities
§ 8-19-417. Sureties' Remedies