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MN SF832

Bill

Status

Introduced

2/28/2013

Primary Sponsor

Melissa Wiklund

Click for details

Origin

Senate

88th Legislature 2013-2014

AI Summary

  • Amends Minnesota Statutes 2012, section 574.01 regarding bond requisites and execution
  • Reduces the minimum number of required sureties on bonds from two to one or more
  • Removes the requirement that sureties be residents and freeholders of Minnesota
  • Maintains the requirement that sureties justify themselves as provided in section 574.12
  • Retains requirements that the principal sign the bond and that both principal and sureties acknowledge the bond

Legislative Description

Bond security requirements modification

Last Action

HF substituted on General Orders HF1118

4/29/2013

Committee Referrals

Judiciary2/28/2013

Full Bill Text

No bill text available