When any of the sureties of any officer elected or appointed to any office shall, in writing, notify the proper officer whose duty it is to approve the bond of such officer that they desire to be relieved from their suretyship, the officer authorized by law to approve such bond shall require the officer to execute a new bond with surety, which, when approved, shall be as valid as the bond given on the original election of appointment of such officer. And the sureties upon the prior bond shall be released from responsibility for all acts or defaults of such officer which may be done or committed subsequent to the approval of such new bond.
HISTORY: 1962 Code Section 50-73; 1952 Code Section 50-73; 1942 Code Section 3056; 1932 Code Section 3056; Civ. C. '22 Section 747; Civ. C. '12 Section 665; Civ. C. '02 Section 597; R. S. 515; 1887 (19) 783.
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.