Court Bonds in Sacramento, Bay Area and Southern California » Court Bonds

Receiver Bond

admin — Wed, 26 Aug 2009 01:10:41 +0000

This bond is used in cases where the court orders specific property or funds to be received by a receiver. This bond guarantees that the property or funds held by the receiver are managed according to the order ethically and appropriately, with care and honesty.

Refunding Bonds

admin — Wed, 26 Aug 2009 01:07:50 +0000

This bond is used as a guarantee that money will be returned if the court orders it, or it is otherwise ordered or legally required. This bond is usually in the amount of money in question, to ensure that the money will be returned or the cost will come out of this bond type.

Release of Garnishment Bond

admin — Wed, 26 Aug 2009 01:00:43 +0000

This bond may be required before the court will order a release of garnishment. The bond is used as a guarantee that the debt owed will be paid if it is found to be valid. The garnishment is released by the court because the bond takes its place until the case is decided.

Release Pure Food Drug And Cosmetic Act Bond

admin — Wed, 26 Aug 2009 00:58:35 +0000

This act may require the posting of a bond before a food, drug, cosmetic, or medical device can be released or used by the public. The bond is a financial guarantee that all the information and facts known by the creators of the product are honestly stated, and that the item is safe and not harmful for human use.

Removal of Cause Bond

admin — Wed, 26 Aug 2009 00:56:00 +0000

This bond may rarely be used by the court, but in certain situations it is required. When the plaintiff in the case requests that the court order a removal of cause, the court can require a bond before this order is issued.

Replevin Bond

admin — Wed, 26 Aug 2009 00:49:37 +0000

A replevin bond is required as a guarantee to the court and the parties in cases where specific personal property is being sought. This bond is used when the plaintiff is claiming that property is being retained wrongfully by the defendant. This bond is used to guarantee the amount of costs and damages due the defendant if the plaintiff is found to be wrong and not entitled to the property.

Sequestration Bond

admin — Wed, 26 Aug 2009 00:39:42 +0000

A writ of sequestration orders the seizure of real and personal property before all of the facts in the case can be heard by the court. A bond is usually required in an amount that is sufficient to cover costs and damages to the other party if the court finds that the property should not have been seized in the first place.

Special Commissioners Bond

admin — Tue, 25 Aug 2009 15:51:10 +0000

This bond is posted by officials who are special commissioners. The purpose of this bond is to guarantee that the duties and activities of the commissioner will be engaged in honestly and ethically, and that any money or property received or held in their official capacity will be managed appropriately.

Stay of Execution Bond

admin — Tue, 25 Aug 2009 15:44:37 +0000

A stay of execution is an order to stop or to suspend the execution of the judgment. A bond may be required in the amount of the judgment to guarantee that if you lose after the stay is ordered, then the judgment will be paid. This proves to the court that you are not just trying to avoid paying the judgment.

Supersedeas Bond

admin — Tue, 25 Aug 2009 15:33:56 +0000

This bond is used when the losing party wants to appeal a judgment for money. This bond covers the cost of the money judgment plus the interest accrued if the appeal is unsuccessful. This type of bond is considered very high risk, and full collateral is usually required.