Delaware receiver bonds.
We size, underwrite & quote it.

A Court of Chancery receiver takes control of property the court is protecting.
The bond guarantees you’ll manage and account for those assets faithfully.
The court fixes the amount to the value in receivership — and we underwrite it.
A surety specialist reviews your file and returns a quote, usually within one business day.

Required in Court of Chancery receiverships under Ct. Ch. R. 148 and the order of appointment
Amount is fixed by the court to the value of the assets in receivership
Underwritten on the receiver’s file; collateral may apply to a large estate
Underwrittencourt sets the amountA-ratedA.M. Best carriers1 business daytypical specialist reply
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Built for the order of appointment.

The order appointing a receiver usually sets the bond, and the receiver can’t fully act until it’s posted. Here is the whole process:

TODAY · 10 MINUTES

Send us the file

Apply online with the order of appointment, the assets in receivership and their value, and the receiver’s details. The value of the estate drives the penal sum.

WITHIN 1 BUSINESS DAY

A surety specialist underwrites it

A specialist reviews the order, the receiver’s credit and finances, and any collateral, then returns a quote. The amount is fixed by the court — underwriting decides approval and collateral.

ON APPROVAL

Execute & file

Once you bind, we issue the executed bond on the court’s required form with the power of attorney attached, ready to post so the receiver can take control of the assets.

About this bond

What it is and who needs it.

What a receiver bond secures

The Court of Chancery appoints a receiver (or custodian, master, or referee) to take custody of disputed or distressed property — a Delaware corporation, real estate, or assets — and manage it neutrally while a case proceeds.

The receiver bond guarantees the receiver handles those assets faithfully: collects, preserves, accounts, and distributes them as the court directs. If the receiver mismanages or misappropriates, the bond makes the estate whole, and the surety looks to the receiver to repay it.

Because the surety stands behind the whole estate, the bond is underwritten on the receiver’s credit and finances, and a large receivership can require collateral. Court of Chancery Rules 148–168 govern receiverships, and the court can relieve a receiver from some of those duties — we’ll flag what applies.

Delaware AuthorityIn a Delaware receivership the appointing Court of Chancery fixes the receiver’s bond in its order of appointment, sized to the assets in receivership, and the receivership is governed by Court of Chancery Rules 148–168. Receivers of an insolvent corporation are appointed under 8 Del. C. § 291, and custodians or receivers may be appointed on deadlock or for other cause under 8 Del. C. § 226; a custodian appointed under § 226 has the powers and title of a receiver appointed under § 291. The court specifies the bond and may modify the standard duties under Rule 148.

You need this bond if you’re

A court-appointed receiver taking control of a Delaware corporation, real estate, or assets in litigation
A custodian under § 226 appointed on director or stockholder deadlock or for other cause
A special master or referee directed to hold or manage property
Counsel arranging the bond so the receiver can post it and take possession under the order of appointment

The application takes about ten minutes.

These are the actual underwriting fields — the order of appointment, the assets and their value, the receiver, and your finances. Submit once and a surety specialist returns a quote, typically within one business day. Free until your bond is issued.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

What is a Delaware receiver bond? +
It is the bond a court-appointed receiver, custodian, master, or referee posts to guarantee faithful management of the property placed in receivership. The Court of Chancery fixes the bond in its order of appointment; receiverships are governed by Court of Chancery Rules 148–168, with receivers appointed under 8 Del. C. § 291 (insolvent corporations) or § 226 (deadlock or other cause).
How much does it cost? +
It is underwritten, not flat-rated. The court fixes the penal sum to the value of the assets in receivership. A surety specialist then reviews the receiver’s credit and finances and any collateral and returns a premium quote, usually within one business day.
Who sets the bond amount? +
The appointing Court of Chancery does, sizing it to the assets the receiver will control. We size and underwrite the bond to whatever amount the order of appointment specifies, and tell you if collateral applies.
Does a § 226 custodian also post a bond? +
Often, yes. A custodian appointed under 8 Del. C. § 226 has all the powers and title of a receiver appointed under § 291, and the court can require a bond conditioned on faithful performance. We can write the bond for a custodian as well as a liquidating receiver.
How fast can the bond be issued? +
A specialist typically returns a quote within one business day of a complete application. Once you bind and any collateral is in place, the executed bond issues on the court’s form, ready to post so the receiver can take possession.
Related bonds

Other New York bonds.

Get bonded and take control of the receivership.

Send us the order of appointment and the asset value, and a surety specialist sizes, underwrites, and quotes the bond — typically within one business day. Free until your bond is issued.

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