3-5-12. New bond or restoration of bond becoming insufficient.
When any official bond running to the state or any county becomes insufficient for the purpose thereof, the approving authority shall require a new bond or additional surety or sureties, as shall be necessary to restore the bond to the full amount of liability required by law.
Source: SL 1907, ch 79; RC 1919, §7039; SL 1929, ch 206, §1; SDC 1939, §48.0307.
Structure South Dakota Codified Laws
Title 3 - Public Officers and Employees
Section 3-5-1 - Bonds of state officers and employees--Approval, recording, and safekeeping.
Section 3-5-2 - Bonds of county officers--Approval and filing.
Section 3-5-3 - Amount of bonds.
Section 3-5-4 - Sureties on bonds.
Section 3-5-5 - Premiums on corporate surety bonds.
Section 3-5-5.1 - Blanket or individual bonds for state officers and employees.
Section 3-5-6 - Limitation of liability by surety.
Section 3-5-7 - Reelected incumbent to account for funds and property before new bond approved.
Section 3-5-8 - Endorsement of approval of bonds.
Section 3-5-9 - Recording of bonds of county and precinct officers.
Section 3-5-12 - New bond or restoration of bond becoming insufficient.