(1) A surety may cancel the obligation of the surety upon notice in writing to the conservator and the court. The notice shall specify an effective date for the cancellation that is not less than 30 days after the date of the notice.
(2) A surety’s obligation under a bond shall continue until court approval of an accounting covering the period during which the bond was effective and an order is entered releasing the sureties. [1995 c.664 §37]
(Conservator’s Powers and Duties)
Section: Previous 125.315 125.320 125.325 125.330 125.400 125.405 125.410 125.415 125.420 125.425 125.430 125.435 125.440 125.445 125.450 NextLast modified: August 7, 2008