The court on the petition of any person or party may at any time after notice and hearing

1. (1) review the action of the prothonotary or sheriff in approving or rejecting any bond or security offered;
2. (2) increase or decrease the amount of any bond or security;
3. (3) strike off a bond improperly filed; or

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

   Official Note

   Adopted March 30, 1960, effective November 1, 1960.