Colorado § 31-4-402 - New bond.
Full text of Colorado Colorado Revised Statutes § 31-4-402 — New bond., with citation guidance and answers to common questions.
§ 31-4-402. New bond.
In the event that the official bond of any officer of a city or town, after the taking and approval thereof, becomes insufficient by reason of the death or insolvency of any of the sureties thereon, the governing body of such city or town may require such officer to procure additional sureties or to give a new bond and may designate the time when such additional sureties or new bond shall be furnished, which shall not be less than ten days, or may waive the requirement for such sureties or new bond. In the event that the additional sureties or new bond is not furnished within the time so designated and the requirement for such sureties or new bond is not waived, the office shall be declared vacant, and the vacancy shall be filled by election or appointment as provided by law.
Source: L. 75: Entire title R&RE, p. 1035, § 1, effective July 1. L. 89: Entire section amended, p. 1292, § 12, effective April 6.
Editor's note: This section is similar to former § 31-5-302 as it existed prior to 1975.
Frequently Asked Questions About Colorado § 31-4-402
What does Colorado Revised Statutes § 31-4-402 cover?
Section 31-4-402 ("New bond.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 31-4-402?
A common citation format is "Colorado Revised Statutes § 31-4-402" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 31-4-402 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.