Rule 1-403 - Relief to Surety and Interested Persons(a) Motion by Surety. When a surety on a bond files a motion to require the principal to give counter-security or to be relieved as surety for future acts or omissions of the principal, the court may grant the motion for good cause shown. In the event the court grants the motion, it may order any other relief against the principal appropriate to protect the obligees thereafter and, except the District Court, may order injunctive relief or periodic accountings.(b) Motion by Other Interested Person. For good cause shown, any person having a beneficial interest in a bond filed in an action may file a motion for additional surety, removal of an existing surety, or substitution of a new surety. In addition to granting the motion, the court may order any other relief against the principal that is appropriate to protect the person with the beneficial interest and, except the District Court, may order injunctive relief or periodic accountings. This Rule is derived as follows:
Section (a) is derived from former Rule H6 a, c 1 and 2.
Section (b) is derived from former Rule H6 b, c 1 and 2.
Adopted April 6, 1984, eff. 7/1/1984.