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Personal Representative Bond & Fair Compensation

A personal representative bond (probate and fiduciary surety bond class) guarantees the diligent and honest conduct of the personal representative. State probate codes almost universally allow this appointed estate administrator to bill the estate for his or her services. Compensation… Continue Reading →

Surety Reinsurer Fickleness

Surety reinsurance can be difficult to procure. Reinsurers can be fickle, changing their preference and appetites for many reasons. Some treaties and cession agreements can be merely an accommodation. Others can severely restrict the classes of surety bond for which… Continue Reading →

Los Angeles City Grading Permit Bond

Undertaking construction projects in the City of Los Angeles can be complex and challenging. From acquiring the necessary permits to adhering to stringent regulations, builders, contractors and developers face numerous hurdles. One critical requirement that developers must fulfill is obtaining… Continue Reading →

DC Personal Representative Bond

A DC personal representative bond is required of probate administrators unless specifically waived. D.C. Code §20–502 is instructive. Subsection (a) clearly defines the requirement. “Unless excused from filing a fiduciary bond by the decedent’s will or written waiver of all… Continue Reading →

Florida Personal Representative Bond

A Florida probate bond is generally the bond of a personal representative. Administrator, administratrix, executor, executrix, trustee under a will, etc., are synonymous with “personal representative” as defined by Florida law. 733.402 of the Florida Statutes defines the requirement. Pursuant… Continue Reading →

North Carolina Probate Bond

A North Carolina probate bond is required of applicants for a fiduciary role in the estate of deceased persons under specific circumstances. An administrator bond (or administratrix), executor bond and probate bond are synonymous within the fiduciary class of business…. Continue Reading →

Guardianship Bonds ~ Women’s Behavioral Health

Surety bond underwriters involved in the review of guardianship bond applications must consider many factors when determining that a principal is capable of caretaking not only of a ward’s assets but of the ward himself or herself. The National Guardianship… Continue Reading →

Montana Preliminary Injunction Bond

Title 27 of the state annotated code establishes the Montana preliminary injunction bond requirement and the appropriate procedure for moving and perfecting an injunction. Chapter 19 (Parts 1-4) are instructive. A temporary injunction may be granted when the following criteria… Continue Reading →

Connecticut Temporary Injunction Bond

A Connecticut temporary injunction bond is a well-established requirement in support of injunctive relief within Chapter fifty two of the Connecticut General Statutes. The restraining mechanism is likewise well-established by case law, to wit; “The issuance of an injunction and… Continue Reading →

Kansas Injunction Bond (TRO Bond ~ Kansas)

Injunctive relief is contemplated under Kansas statute however a Kansas injunction bond is a financial assurance instrument required by §60-905 before an enjoining order may take effect. Per section (a.), “No temporary injunction shall be granted until after reasonable notice… Continue Reading →

Oklahoma Temporary Injunction Bond (TRO Bond ~ Oklahoma)

An Oklahoma temporary injunction bond is required before an injunction or temporary restraining order may take effect. Pursuant to §12-1382, a moving party is granted an injunction in those cases where he or she is entitled to the relief demanded, and such… Continue Reading →

Texas Preliminary Injunction Bond

A Texas preliminary injunction bond and temporary restraining order bond are synonymous pursuant to state civil procedure. Per Tex. R. Civ. P. 684, “The court sets the surety bond amount that the movant must post. Before the issuance of the temporary… Continue Reading →

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