§8-206. Discharge of surety
On application of any surety or principal of a bond under this Part, the court, after notice to all parties interested, may discharge the surety or sureties from all liability for any subsequent breach but not for any prior breaches and may require a new bond of the principal with sureties approved by the court. [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
SECTION HISTORY
PL 2017, c. 402, Pt. A, §2 (NEW). PL 2017, c. 402, Pt. F, §1 (AFF). PL 2019, c. 417, Pt. B, §14 (AFF).
Structure Maine Revised Statutes
Article 8: MISCELLANEOUS PROVISIONS
Part 2: PROCEDURES GOVERNING BONDS
18-C §8-201. Applicability to proceedings on other bonds
18-C §8-202. Surety on bond may cite trust officers for accounting
18-C §8-203. Agreement with sureties for joint control
18-C §8-204. Approval of bond by judge
18-C §8-205. Insufficient sureties
18-C §8-206. Discharge of surety
18-C §8-207. New bonds or removal of principal
18-C §8-208. Reduction of liability where signed by surety company
18-C §8-210. Principal made party in action against surety
18-C §8-211. Proceedings and judgment
18-C §8-212. Limitation of actions on bonds
18-C §8-213. Judicial authorization of actions