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§ 995.140 (a) “Bond” includes both of the following: (1) A surety, indemnity, fiduciary, or like bond executed by both the principal and sureties.

Part 2: Of Civil Actions | Title 14: Of Miscellaneous Provisions | Chapter 2: Bonds and Undertakings | Article 1: Preliminary Provisions and Definitions

(a)  “Bond” includes both of the following:

(1)  A surety, indemnity, fiduciary, or like bond executed by both the principal and sureties.

(2)  A surety, indemnity, fiduciary, or like undertaking executed by the sureties alone.

(b)  A bond provided for or given “in an action or proceeding” does not include a bond provided for, or given as, a condition of a license or permit.

Amendment history: Added by Stats. 1982, Ch. 998, Sec. 1.