(a) If a statute provides for a bond with any number of sureties, one sufficient admitted surety insurer may become and shall be accepted as sole surety on the bond.
(b) The admitted surety insurer is subject to all the liabilities and entitled to all the rights of personal sureties.
(Added by Stats. 1982, Ch. 998, Sec. 1.)
Last modified: October 25, 2018