18-A §8-308. Reduction of penal sum where signed by surety company - Maine Statutes

Title 18-A: PROBATE CODE

Article 8: MISCELLANEOUS PROVISIONS

Part 3: PROCEDURES GOVERNING BONDS

§8-308. Reduction of penal sum where signed by surety company

If a surety company becomes surety on a bond given to a judge of probate, the court may, upon petition of any party in interest and after due notice to all parties interested, reduce the penal sum in which the principal and surety shall be liable for a violation thereafter of the conditions of said bond. [1979, c. 540, §1 (NEW).]

SECTION HISTORY

1979, c. 540, §1 (NEW).