§ 7-9-5. Allowance of bonding costs in accounts.
Any court or officer whose duty it is to pass upon the account of any person or corporation required by law to give bond, may, whenever the person or corporation has given any company as surety upon the bond, allow in the settlement of the account a reasonable sum for the expense of procuring the surety.
History of Section.G.L. 1896, ch. 186, § 2; P.L. 1902, ch. 1053, § 1; G.L. 1909, ch. 226, § 2; P.L. 1911, ch. 667, § 1; G.L. 1923, ch. 264, § 2; G.L. 1938, ch. 119, § 2; G.L. 1956, § 7-9-5.
Structure Rhode Island General Laws
Title 7 - Corporations, Associations and Partnerships
Chapter 7-9 - Additional Powers of Corporations
Section 7-9-1. - Power to enter guaranty and suretyship contracts.
Section 7-9-2. - Power to execute bonds and obligations.
Section 7-9-3. - Acceptance of corporate bond as sole surety.
Section 7-9-4. - Purpose of provisions.
Section 7-9-5. - Allowance of bonding costs in accounts.
Section 7-9-6. - Premiums for bonds payable to state.