Sec. 14. The resignation or removal of an officer or the appointment or election of a successor to the officer does not exonerate the officer or the officer's sureties from any liability incurred by the officer or the officer's sureties.
Surety not exonerated.
Mich. Comp. Laws § 62.14, under THE GENERAL LAW VILLAGE ACT.
Mich. Comp. Laws § 62.14