(a) Surety Companies. Each surety company shall, in the month of January in each year, file with the Register in Chancery of the Court of Chancery, in each county in which such surety company is engaged in business, a power of attorney authorizing the execution of bonds by the attorney in fact designated in the power of attorney, before the Court shall accept or approve such company as surety. Nothing herein contained shall prohibit the execution by a surety company of any bond within the State by its proper officers as required by law. (b) Attorneys and Other Officers. No attorney, or other officer of this Court, shall be taken as surety in any case pending in this Court.
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