CCRP 315 - Personal surety - Louisiana Statutes

Art. 315. Personal surety

A personal surety must be a natural person domiciled in this state who owns property in this state that is subject to seizure and is of sufficient value to satisfy, considering all his property, the amount specified in the bail bond. The value of the property of the surety shall exclude property exempt from execution, and shall be over and above all his other liabilities including the amount of any other bail bond on which he may be principal or surety. When there is more than one personal surety, the requirements of this Article shall apply to the aggregate value of their property. No personal surety shall charge a fee or receive any compensation for posting a personal surety bond.

Acts 1993, No. 834, §1, eff. June 22, 1993; Acts 1994, 3rd Ex. Sess., No. 52, §1, eff. Sept. 1, 1994; Acts 2010, No. 914, §1.