When a surety is released as heretofore provided, the surety shall refund to the party entitled thereto the premium paid, ifany, less a pro rata part thereof for the time said bond has been in force. [S13, §1177-b; C24, 27, 31, 35, 39, §1090; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §65.11]
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