Judgment for less than penalty; security for further damages.

Del. Code tit. 10, § 7503
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
A recognizance, bond, or penal sum, shall not be extinguished by a judgment in an action thereon, if for a sum as debt less than the penalty, but shall remain as a security for any damages sustained, or to be sustained on occasion of other breaches. For the recovery of such damages, actions may be instituted from time to time upon such recognizance, bond, or penal sum.
Source: DE Code (Official Site)URL: https://delcode.delaware.gov/title10/c075/index.htmlFetched: 6/28/2026

Starting a business in Delaware? Delaware LLC guide: costs and requirements