Title 33, Chapter 17, Section 10
( 33-17-10)
Action on the attorney's bond or to recover against a deposit made
in lieu of the bond may be brought at any time by one or more
subscribers suffering loss through a violation of its conditions or
by the Commissioner as liquidator of the insurer. Amounts recovered
on the bond shall be deposited in and become part of the insurer's
funds. The total aggregate liability of the surety shall be limited
to the amount of the penalty of the bond. |