2-9-524. Amount of new bond -- failure to file. (1) Whenever a statement is filed or filed and served as herein provided, the proper authority shall prescribe the penalty or amount in which a new or additional bond or undertaking shall be filed unless already provided by statute. If no such order be made, then such new or additional bond or undertaking shall be executed for the same amount as the original.
     (2) If any officer or person shall fail to file within 20 days from the date of personal service or within 40 days from the date of the first publication or of posting notice, as provided herein, a new or additional bond or undertaking, the office or appointment of the person or officer so failing shall become vacant and such officer or person shall forfeit his office or appointment. The same shall be filled as in other cases of vacancy and in the manner provided by law.
     (3) The person applying to be released from liability on such bond or undertaking shall not be holden or liable thereon after the date herein provided for the vacating and forfeiting of such office or appointment.

     History: En. Secs. 3, 5, Ch. 134, L. 1941; R.C.M. 1947, 6-327, 6-329.