Section 1080. Objections to Bond  


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  • The court, upon petition filed by any party, and after notice and hearing, may

    (1) review the action of the prothonotary in approving or rejecting the security offered;

    (2) increase or decrease the amount of any bond or require additional security for cause shown;

    (3) strike off a bond improperly filed; or

    (4) permit the substitution of a bond and enter an exoneration of a prior bond.

The provisions of this Rule 1080 adopted June 25, 1946, effective January 1, 1947.