Connecticut receiver bonds.
Quote on review.
Take up your receivership without the bond holding up the order. A receiver bond guarantees the faithful performance of your official duties. The appointing court sets the amount — and we underwrite it. A surety specialist reviews your file and returns a quote, usually within one business day.
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How much does a Connecticut receiver bond cost?
It is underwritten. The carrier’s base rate is 0.4% of the bond amount; the underwriter sets your premium from the amount, your credit and any collateral.
Built for the appointment order.
In Connecticut a receiver must file the bond with the clerk before acting, so the bond sits on the path between appointment and control of the assets. Here is the whole process:
Send us the file
Apply online and tell us the case, the assets in receivership, and the bond amount the court ordered. That is what we size the receiver bond to under C.G.S. §52-506.
A surety specialist underwrites it
A specialist reviews the receivership, your financials, and any collateral, then returns a quote. A large penal sum may be collateralized — cash, a letter of credit, or pledged assets.
Execute & file
Once you bind, we issue the executed bond payable to the state on the court’s form with the power of attorney attached, ready to file with the clerk so you can assume your duties.
How a receiver bond works, and what to have ready.
Why the court asks for it
A court has appointed you as receiver, or as a master or referee, to take charge of property or a business while a case is decided. The court requires a bond before you take control.
Who it protects
The parties to the case and the court. If you fail to carry out the court's orders faithfully, they can recover the loss from the bond, up to the bond amount.
If there is a claim
The surety pays a valid claim and you repay the surety.
Have these ready
- The order appointing you, with the bond amount
- The court, case number and the parties' names
- A description and estimated value of the property or business you will control
- A short summary of your experience as a receiver or fiduciary
- Your attorney's name and contact details
What it is and who needs it.
What a receiver bond protects
A receiver is appointed to take control of property or a business while a dispute is decided — collecting, preserving, and sometimes operating the assets under the court’s direction. That is a position of considerable trust over money that is not the receiver’s own.
The receiver bond guarantees the faithful performance of those official duties and the proper accounting for the assets. If the receiver mishandles the estate, the bond answers for the loss — which is why the appointing court sizes it to the assets rather than a flat figure, and why the surety underwrites the receiver first.
Because the surety stands behind the receivership, a large penal sum is usually collateralized — with cash, a letter of credit, or pledged assets — and supported by financials. We tell you what a given appointment needs before you commit.
You need this bond if you’re
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
Term and renewal are set in the underwriter's quote.
Keep the bond in force for as long as the obligation behind it runs.
How to file it
Execute & file. Once you bind, we issue the executed bond payable to the state on the court’s form with the power of attorney attached, ready to file with the clerk so you can assume your duties.
What sets the price
This bond is underwritten. The carrier's base rate for this bond is 0.4% of the bond amount; the underwriter sets your final premium from the amount, your credit and any collateral.
The application takes about ten minutes.
These are the actual underwriting fields — the receivership, the assets, your financials, and the bond amount. Submit once and a surety specialist reviews everything together and returns a quote, typically within one business day. Free until your bond is issued.
Start the application →Common questions.
Other Connecticut bonds.
The same bond in nearby states.
Requirements checked on the carrier’s application, . Page updated .
Get bonded to take the receivership.
Tell us the assets and the amount the court ordered, and a surety specialist sizes, underwrites, and quotes the bond — typically within one business day. Free until your bond is issued.