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Current as of January 01, 2024 | Updated by Findlaw Staff
(1) An official bond executed by any officer pursuant to law is in force and obligatory upon the principal and sureties to and for the state and to and for the use and benefit of all persons who may be injured or aggrieved by the wrongful act or default of the officer in the officer's official capacity. A person injured or aggrieved may bring suit on the bond in the person's own name.
(2) A bond is not void on the first recovery of a judgment on the bond. Suit may be brought from time to time and judgment recovered on the bond by the state or by any person to whom a right of action has accrued against the officer and the sureties until the whole penalty of the bond is exhausted.
Cite this article: FindLaw.com - Montana Title 2. Government Structure and Administration § 2-9-527. Suit on bonds - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-2-government-structure-and-administration/mt-st-2-9-527/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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