§ 4-8-7. Liability of sureties.
Every surety given in accordance with the provisions of this chapter shall be liable, in the first instance, for the payment of all claims arising during the license period for which the surety continues, and filed either during that period or within ninety (90) days after the expiration. If all claims shall be paid, the balance of the liability of each surety shall be devoted to the extinguishment ratably of claims arising during that license period, but for which statement shall not have been filed until ninety (90) days after the expiration of that period.
History of Section.P.L. 1918, ch. 1656, § 6; G.L. 1923, ch. 204, § 6; G.L. 1938, ch. 218, § 6; G.L. 1956, § 4-8-7.
Structure Rhode Island General Laws
Title 4 - Animals and Animal Husbandry
Chapter 4-8 - Milk Gathering Stations
Section 4-8-2. - License required — Application.
Section 4-8-3. - Issuance of license — Terms.
Section 4-8-4. - Proof of financial security.
Section 4-8-5. - Statements of defaulted claims against licensees.
Section 4-8-6. - Action to determine amounts due creditors of licensees.
Section 4-8-7. - Liability of sureties.
Section 4-8-8. - Statement of disbursements — Additional bonds.
Section 4-8-9. - Schedule of prices — Accounts of purchases.
Section 4-8-10. - Record of transactions — Periodical statements to sellers.
Section 4-8-11. - Applications for investigation.
Section 4-8-12. - Investigative powers of director.
Section 4-8-13. - Adjustments and hearings on complaints.
Section 4-8-14. - Grounds for denial or revocation of license.
Section 4-8-15. - Judicial review of decisions refusing or revoking licenses.
Section 4-8-16. - Penalties for violations.
Section 4-8-17. - Disposition of fines.
Section 4-8-18. - Employment of help by director — Expenses.