Idaho State Statutes - Idaho Attorney Directory

(1) The
surety or the representative of any surety upon any bond given on behalf or
for the use and benefit of any person, firm, copartnership, association or
corporation as a licensee or permittee under any law of the state of Idaho, or
any municipality thereof, desiring to be released from subsequent liability
and responsibility on such bond, shall serve a written notice upon the
principal of such bond that on and after twenty (20) days from the date of
service of such notice, the surety will withdraw as surety on such bond, and a
copy of such notice shall forthwith be served upon the official with whom such
bond is filed.
(2) Such notice shall be served personally upon the principal if found
within the state of Idaho, and if not, by registered mail directed to the
principal at his last known address. If the principal cannot be served either
personally or by registered mail, service shall be made by publication of the
notice in a newspaper of general circulation in the county of the residence or
principal place of business of the principal, once a week for a period of two
consecutive weeks. Service upon the principal shall be complete one week from
the date of the last publication. The affidavit of the persons so serving such
notice, with the registered return receipt card attached thereto, if such
service has been made by mail, or the affidavit of the publisher of the
newspaper, shall be sufficient proof of service of such notice.
(3) Proof of such service shall be filed with the official having custody
of the bond and the liability of the surety shall cease after a period of
twenty (20) days from the date of the service of such notice on the principal.
If the principal fails within such twenty (20) day period to file with the
proper official a new bond the permit or license shall be canceled and
terminated.

Click here to visit the Official Idaho State Statutes