The justification of sureties mentioned in section 574.01 shall be by affidavit, annexed to the bond or other security, wherein each surety shall state, under oath, that it is worth a certain definite amount above its debts and liabilities and exclusive of its property exempt from execution, but the aggregate of the amount sworn to as aforesaid by all the sureties shall be not less than double the amount of the penalty of such bond or other security. Where in the cases provided by law exception is taken to sureties, they shall be examined by the judge or officer before whom they are required to attend for purposes of justification, in such manner as the judge or officer shall deem proper. The examination shall be reduced to writing and filed in the cause and, on deeming the sureties sufficient, the judge or officer shall endorse approval upon the instrument, and return the same to the proper custodian thereof.
(9686) RL s 4524; 1907 c 311 s 1; 1986 c 444
Structure Minnesota Statutes
Chapters 570 - 583 — Postjudgment Remedies; Alternative Dispute Resolution; Bonds
Chapter 574 — Bonds, Fines, Forfeitures
Section 574.01 — Bonds, Requisites And Execution.
Section 574.03 — Payment Of Premium.
Section 574.04 — Surety Bonds To Federal Government.
Section 574.05 — Liberty Loan Bonds Security.
Section 574.06 — Deposit Of Securities.
Section 574.07 — Market Value.
Section 574.08 — Protection Of Pledge On Commencing Action.
Section 574.09 — Additional Security.
Section 574.10 — Notice Of Claim.
Section 574.11 — Receivers' Bonds To Run To State.
Section 574.12 — Modes Of Justification.
Section 574.13 — State And County Officers; Uniform Bond.
Section 574.14 — Bonds Executed Under Other Provisions.
Section 574.15 — Surety Companies.
Section 574.16 — Surety, Subrogation.
Section 574.17 — Sureties For Part Of Penalty.
Section 574.18 — Undertaking In Lieu Of Bond.
Section 574.19 — Cost Of Surety Bonds; Proper Expense Items.
Section 574.20 — Bonds, By Whom Approved.
Section 574.205 — Bonds; State Officials And Employees Excluded.
Section 574.21 — Place Of Filing Bonds.
Section 574.22 — Court Proceedings.
Section 574.23 — Examination Of Accounts Of Public Officers.
Section 574.24 — Official Bonds, Security To Whom; Actions.
Section 574.25 — Leave To Bring Action; Endorsement On Execution.
Section 574.26 — Contractors' Bonds For Public Work.
Section 574.261 — Public Work; Security.
Section 574.262 — Small Business.
Section 574.263 — Natural Resource Development Projects.
Section 574.264 — Natural Resource Project; Security.
Section 574.27 — Bidders To Have Right Of Action In Certain Cases.
Section 574.28 — Approval And Filing Of Bond.
Section 574.29 — Failure To Get Payment Bond.
Section 574.30 — Insolvent Or Insufficient Sureties.
Section 574.31 — Limit Of Time To Bring Action.
Section 574.32 — Application Of Payments.
Section 574.33 — Actions For Fines, Forfeitures, And Penalties; Collusion.
Section 574.34 — Fines, How Disposed Of.
Section 574.35 — Prosecution For Fines; Court; Commitment.