99 chapters · 2,147 sections in this title.
Ark. Code Ann. § 16-107-101 Liability of surety upon forgery, erasure, or withdrawal of cosurety's name
1.0K chars
If it appears that the name of any person has been signed to any bond or other obligation as surety thereon without his or her consent, or that the name of any person which has been at any time properly signed as surety to any bond or obligation has been erased or withdrawn there…
Ark. Code Ann. § 16-107-102 Signature of surety conditional upon signature of cosurety no defense — Liability
0.8K chars
(a) It shall not be a defense in favor of any surety on any bond or obligation that he or she became surety thereon on the condition that the principal obligor should procure the cosuretyship of other persons before the instrument should be delivered. This shall be the case wheth…
Ark. Code Ann. § 16-107-201 Applicability
0.6K chars
(a) The provisions of this subchapter in relation to suits on official bonds shall apply as well to suits on bonds of administrators, executors, guardians, and others required by law to give bond, with condition for the performance of any duty or trust, as to suits on bonds of of…
Ark. Code Ann. § 16-107-202 Breach of condition to pay money
1.1K chars
(a) In all actions brought upon bonds to which there is a condition or defeasance annexed by which the bond is to become void on the payment of a less sum, the plaintiff shall set out the condition in his or her complaint and may assign as many breaches as he or she may think pro…