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MN HF2439
Bill
Status
Introduced
2/22/2012
Primary Sponsor
Phyllis Kahn
Click for details
AI Summary
- Modifies Minnesota Statutes 2010, section 574.01 to change the minimum number of required sureties on bonds from two to one or more.
- Removes the requirement that sureties must be residents and freeholders of the state.
- Retains the requirement that sureties justify their qualifications as provided in section 574.12.
- Maintains existing requirements that bonds be signed by the principal and acknowledged by both principal and sureties.
Legislative Description
Bond security requirements modified.
Last Action
Introduction and first reading, referred to Government Operations and Elections
2/22/2012
Committee Referrals
Government Operations and Elections2/22/2012
Full Bill Text
No bill text available