The bond releases a lien that has been filed with the Public Trustee against estate for an amount claimed for labor and materials furnished for a construction of a building or improvements.

Pending final determination of the owner’s liability, the owner may release the lien by posting a bond for payment of any amount that may be found due to the individual filing the lien.

Appeal Bonds are issued on behalf of the defendant to appeal judgment that is rendered against him/her and who is appealing to a higher court. Subject to the terms of the bond, this bond guarantees that the judgment will be paid if the appeal fails.

The bond issued on behalf of the Defendant whose property has been attached; and wishes to have the property returned. A defendant acquires this bond to cover the payment of any judgment that may be rendered against him with interest and cost.

Guarantees to produce property that was previously levied upon by attachment.

Supersedeas Bonds are issued on behalf of the defendant to appeal judgment that is rendered against him/her and who is appealing to a higher court. Subject to the terms of the bond, this bond guarantees that the judgment will be paid if the appeal fails.

Covers faithful performance of duty as peace officer, in serviced of process, etc.

Public Official Bonds protect against dishonesty and lack of faithful performance by a public official. These bonds are required by statutes and ordinances.

Covers faithful performance of duty as peace officer, in serviced of process, etc.

Covers faithful performance of duty by tax collector, in some cases covering liability for uncollected taxes.

Include bonds that are required by statutes to protect against losses resulting from the improper actions of notaries.

Frequently required by courts when an Estate for a deceased person is opened, or for guardianships of minors or incapacitated individuals. Its purpose is to require the person responsible for all fiduciary duties, especially as they apply to the sale of real estate, to discharge them according to law.

The Administrator Surety Bond is an instrument used by the court to ensure proper handling of the assets of the estate.

Bonds which provide protection to the beneficiaries of the bankruptcy action that the bonded trustees, appointed in a bankruptcy proceeding, will perform their duties and handle the affairs according to the rulings of the court.

Common types of bankruptcies are:

Chapter 7: calls for the “liquidation” of a business and allows for the sale of the assets to pay outstanding debts.

Chapter 11: calls for the “reorganization” of a business and the debtor remains in possession of the assets after the filing of a plan for the reorganization.

Bonds for a person, official, or entity designated to take over and protect the interest of an incompetent or minor.

Trustee in Bankruptcy Bond:
Covers faithful performance of duty as Treasurer of state, city, etc., safekeeping of funds.

Trustee under Will Bond:
Covers faithful performance of duty by a trustee named in a will-testamentary trustee.

Guarantees faithful performance of duty by a fiduciary named in a will and appointed by the court as executor.

Someone is appointed as the protector, custodian, or guardian of the interests of someone who does not have the legal capacity to look after themselves, they may be required by the courts to file guardian bonds if that person has assets or property that needs attention.

Subject to its specific terms, this bond guarantees an honest accounting and faithful performance of duties by administrators, trustees, guardians, executors and other fiduciaries. These bonds are customarily filed in a probate court.