All persons who shall offer themselves as sureties on official bonds, whether the same be state, county, township or city bonds, may designate, opposite their signature to such bond, the amount for which they are willing to be bound; and in case of a forfeiture of the bond they shall not be liable for a greater amount than the sum so designated.
K.S.A. 78-107
Limitation of liability of surety
Applied in 1 court decision — leading case Board of County Commissioners v. Lake State Bank (1927)
Most recently applied in Board of County Commissioners v. Lake State Bank (January 1927)
L. 1891, ch. 150, § 1; March 12; R.S. 1923, 78-107.
Official source: Kansas Office of Revisor of Statutes. Reproduced from public-domain Kansas statutes; confirm against the official source for the current text. Not legal advice.