Florida Statutes
Fla. Stat. § 627.751 (2025)
Surety on required bonds; release.
✓ 2025 Florida Statutes — current through the 2025 Regular Session
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627.751 Surety on required bonds; release.—
(1) Subject to other provisions of this part, any authorized surety insurer may be accepted as surety on the bond of any person required by the laws of this state to give bond and may be the only surety necessary to render the bond valid; but other surety may, in the discretion of the official authorized to approve the bond, be required.
(2) A surety insurer may be released from its liability on the same terms and conditions as are by law prescribed for the release of individuals and shall be subject to all the rights and liabilities of natural persons.
History.—s. 611, ch. 59-205; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 564, 573, 809(2nd), ch. 82-243; s. 79, ch. 82-386; s. 114, ch. 92-318.
Notes of Decisions
Cited in 2
cases, 1982–2006 · leading case: DADELAND DEPOT. v. St. Paul Fire & Marine, 945 So. 2d 1216 (Fla. 2006).
DADELAND DEPOT. v. St. Paul Fire & Marine, 945 So. 2d 1216 (Fla. 2006). “On consideration of the initial motion to dismiss, the trial court here reasoned "that the language in the statute is not ambiguous, nor unclear" in concluding that the statute afforded a basis for a bad faith action in this context.”
Al Estes Bonding Agency v. Citrus Cnty., 417 So. 2d 1127 (Fla. 5th DCA 1982). “For that reason and on that ground the motion to vacate should be, and it is hereby, granted and the judgment against appellant vacated without prejudice to the clerk of the circuit court entering a proper judgment against the proper surety company upon the bond forfeiture…”
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