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(a) A contracting officer shall not require a bid guarantee unless a performance bond or a performance and payment bond is also required (see 28. Prohibition on pay until bond given.A personal surety bond may not be approved except with two or more sureties. No Change Since 1953. 52-1-13 Sureties -- Approval -- Personal surety bond -- Requirements. Comprehensive listing of all officers or their qualifications for office. Officers not to become surety on bonds given to city and penalty. Comprehensive listing of all officers or their qualifications for offices. Officers not to become surety on bonds given to city and penalty. The surety shall have a net worth of sufficiently unencumbered value to pay the amount of the bail bond; or.