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co-surety

Co-surety describes the situation where multiple sureties combine to provide a bond that the individual sureties are capable of, or interested in, writing alone.

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co-surety

Co-surety describes the situation where multiple sureties combine to provide a bond that the individual sureties are capable of, or interested in, writing alone.

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In a co-surety situation, each surety is jointly and severally liable for the full bond amount.

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