Ga. Code § 50-17-61

Current through 2023-2024 Legislative Session Chapter 709
Section 50-17-61 - Procedure for relief of bond sureties

Any surety desiring to be relieved from the bond of a state depository may give notice in writing to the Governor of such desire with the reasons therefor; and the Governor shall have authority, in his discretion, to relieve the surety. The consent of the cosureties first must be obtained in writing; and the principal must furnish a new surety to take the place of the surety relieved, which new surety will assume all the liabilities for past and future transactions.

OCGA § 50-17-61