Bonds and UndertakingsNew, Additional, and Supplemental Bonds
Section § 996.210
In simple terms, this law states that if a court or official requests it, you must provide a new or extra bond. Additionally, if the person guaranteeing your bond backs out or cancels, you can give a new bond to replace them or release them from their responsibilities.
Section § 996.220
This law section says that if you need to have a new, additional, or extra bond, it must look and function just like the first one and cover the same obligations. The amount of this new bond depends on why it's needed. If it's a supplemental bond, it must list who the original guarantors were, who the new guarantor is, and how much they are responsible for. This new bond should cover the same liability as the original bond.
Section § 996.230
This law explains that if a new, extra, or backup bond is required in a legal context, it must follow the same rules as the original bond. This includes how it is given, how objections to it are handled, and the processes involved in enforcing it.
Section § 996.240
If a new bond is issued to replace an old one, the old bond stays valid for anything that happened before the new bond took effect. However, the people who guaranteed the old bond (the sureties) won't be responsible for any issues that arise after the new bond is in place.
Section § 996.250
When an extra bond is added, it doesn't cancel out the original one. Both bonds stay active. If there's a breach, the person who benefits from the bonds can claim damages from one or both bonds, but can't receive compensation twice for the same issue. If the responsible party has to pay due to a violation, they can ask the other bond's sureties to cover a fair share based on the bond amounts.