411.276. Liability of surety not cumulative.
Liability of surety not cumulative.
411.276. In no event shall the liability of the surety onany bond required by section 411.275 accumulate for eachsuccessive license period during which the bond is in force. Theliability of the surety shall be limited in the aggregate to theface amount of the bond.
(L. 1971 H.B. 180 § 3)