Official bonds; acceptance without justification; penalty; liability.

Sec. 3. Any person or persons receiving and accepting or approving any such bond without such justification shall be guilty of a misdemeanor, and shall further be liable for all damages that may be sustained or incurred by any person by reason of such defective bond being accepted or approved. History: 1885, Act 179, Eff. Sept. 19, 1885; How. 8234c; CL 1897, 161; CL 1915, 197; CL 1929, 399; CL 1948, 15.103