Each surety on a personal official bond may state in writing the amount of the liability assumed by him, beyond which amount he shall not be held. The aggregate of the amounts assumed by all the sureties shall not be less than the penalty of the bond. In case of loss or default, the sureties will be entitled, as between each other, to contribution in the proportion of their liability.
HISTORY: 1962 Code Section 50-65; 1952 Code Section 50-65; 1942 Code Section 3048; 1932 Code Section 3048; Civ. C. '22 Section 739; Civ. C. '12 Section 657; Civ. C. '02 Section 589; G. S. 452; R. S. 507; 1866 (13) 469; 1868 (14) 19.
Structure South Carolina Code of Laws
Title 8 - Public Officers and Employees
Chapter 3 - Commissions, Oaths And Bonds
Section 8-3-10. Oath and commission prerequisite to assumption of duties.
Section 8-3-30. Form of bond by all public officers.
Section 8-3-40. Secretary of State to supply blank forms of bonds.
Section 8-3-50. Clerks shall receive blank forms and give to officers.
Section 8-3-60. Assumption of office before giving bond.
Section 8-3-70. Prohibition on pay until bond given.
Section 8-3-80. Certain county officials required to give corporate surety.
Section 8-3-90. Surety company bonds authorized.
Section 8-3-100. Cost of bonds from corporate surety.
Section 8-3-110. Distribution of liability among sureties.
Section 8-3-120. Residence of sureties for county officers.
Section 8-3-130. Examination and approval of bonds.
Section 8-3-150. Recordation and filing of bonds of county officers.
Section 8-3-180. Procedure when bond becomes unsatisfactory.
Section 8-3-190. Execution of new bond when surety demands relief; release of prior sureties.
Section 8-3-200. Effect of failure to submit satisfactory new bond.
Section 8-3-220. Bonds of public officers may be sued on.
Section 8-3-230. Certified copies of bonds delivered to parties to suit on request.
Section 8-3-240. Distribution of moneys recovered on bond after defalcation.
Section 8-3-250. State officers shall not be officers of surety companies.