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Current as of January 01, 2025 | Updated by Findlaw Staff
If additional assets are discovered after the giving of said bond, or the assets realize much more than their estimated value, or the court shall be of opinion that any of the bonds theretofore given is, for any cause, insufficient, the assignee or receiver shall give a new bond or bonds and with like conditions. Suits may be brought thereupon, as in the case of other official bonds, until the amounts thereof are exhausted; but neither said suits, nor the exhaustion of said bonds, shall in any way limit the liability of such assignee or receiver.
Cite this article: FindLaw.com - Pennsylvania Statutes Title 39 P.S. Insolvency and Assignments § 43. Additional security; suits on bond - last updated January 01, 2025 | https://codes.findlaw.com/pa/title-39-ps-insolvency-and-assignments/pa-st-sect-39-43/
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