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N.Y. Surr. Ct. Proc. Act § 802

Approval and filing of bonds; designation of clerk 1

2014-09-22

§ 802. Approval and filing of bonds; designation of clerk\n 1. All bonds must be approved by the court. The court may by order\nauthorize one or more clerks or law assistants to approve bonds.\nApproval of a bond must be endorsed thereon and when so endorsed the\nbond must be filed in the court.\n 2. Each surety on a bond shall file an acknowledged instrument stating\nhis domiciliary address and designating the chief clerk of court and his\nsuccessors in office as a person upon whom any process of any court of\nthe state may be served in any action or proceeding relating to the bond\nwith like effect as if served personally upon the surety whenever the\nsurety after due diligence cannot be found and served within the state\nof New York.\n 3. A corporate surety licensed to transact business in the state shall\nbe deemed to have complied with the requirements of this section if it\nhas filed or does file one acknowledged instrument which applies to all\nbonds of the corporate surety filed and approved after the date of the\nfiling and which by its term is of indefinite duration and irrevocable.\n 4. The filing of a designation by a corporate surety shall have the\nsame effect as if a separate designation had been filed with each bond\nto which it is a party.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.