§8-212. Limitation of actions on bonds
Except in the case of personal representatives provided for under sections 3‑1005 and 3‑1007, and whenever applicable under section 8‑201, an action on a bond must be commenced within 6 years after the principal has been cited by the court to appear to settle the account or, if not cited, within 6 years from the time of the breach of the bond, unless the breach is fraudulently concealed by the principal or surety from the persons pecuniarily interested and who are parties to the action, in which case the action must be commenced within 3 years from the time the breach is discovered. [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