§ 995.430.Events Terminating Force and Effect of Bond
Title 14. Of Miscellaneous Provisions · Chapter 2. Bonds and Undertakings · Article 4. Approval and Effect · Enacted 1982 · no amendments on record · Last verified July 28, 2026
Full Text of § 995.430
Plain-English Summary
A bond doesn't run forever by default, but it also doesn't have one single expiration trigger. Section 995.430 lists four events, and the bond's force and effect ends at whichever happens first: the sureties withdraw from or cancel the bond, or a new bond replaces the original; the purpose the bond was given for is either satisfied or abandoned without any liability having been incurred; a judgment of liability on the bond that exhausts the full bond amount gets satisfied; or the bond's term expires.
That last trigger comes with its own default rule. Unless the statute providing for the bond fixes a specific term, the bond is continuous — it doesn't lapse on its own with the passage of time, leaving one of the other three events to bring it to an end.
Frequently Asked Questions
What events can end a bond's force and effect?
Four: the sureties withdraw, cancel, or are replaced by a new bond; the bond's purpose is satisfied or abandoned without liability incurred; a judgment exhausting the bond amount is satisfied; or the bond's term expires.
Does a bond automatically expire after some fixed period?
Not unless the statute providing for the bond sets a fixed term. Otherwise the bond is continuous under § 995.430(d).
If more than one of these events could apply, which one controls?
Whichever happens first — the bond remains in force and effect only until the earliest of the listed events.
Amendment History
Added by Stats. 1982, Ch. 998, Sec. 1.