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Legal Opinion

Opinion No. 75-142 (1975) Ag

Oklahoma Attorney General Reports

Decided April 23, 1975Published

1Opinion of the Court

ABSTRACTING — SURETY Under 1 O.S. 1 [1-1] (1971), a surety can include a provision within the abstractor's bond that the liability of the surety is not to exceed the sum of five thousand dollars. The Attorney General's Office is in receipt of your opinion request wherein you ask the following question: "Under the provisions of Title 1 O.S. 1 [1-1] (1971), can a surety include a provision within the abstracter's bond that the liability of the surety is not to exceed the sum of $5,000 regardless of the number of defaults or injury to any persons or county?" Title 1 O.S. 1 [1-1] (1971) states:…

2Cases cited7 opinions

  1. Sackett v. RoseSupreme Court of Oklahoma · 1916
  2. New York Casualty Co. of New York v. Wallace & Tiernan, Inc.Supreme Court of Oklahoma · 1935
  3. Maryland Casualty Co. v. AlfordCourt of Appeals for the Tenth Circuit · 1940
  4. Western Surety Company v. ChildersSupreme Court of Oklahoma · 1962
  5. National Life & Accident Ins. v. ParkinsonCourt of Appeals for the Tenth Circuit · 1943

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