Not in Louisiana? Receiver bonds in other states

Louisiana receiver bonds.
Take custody under the court.

Appointed by a Louisiana court as a receiver, master, or referee to take custody of property or a business? The court can require a bond for your faithful performance as receiver. The amount is the one the court directs — underwritten, not flat-rated. Apply online and a surety specialist returns a quote, usually within one business day.

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Required when a court conditions a receivership on security for the receiver
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Guarantees faithful performance and accounting for the property under the receiver’s control
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Amount is the one the court directs — we underwrite the receiver and quote it
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Trusted by industry leaders
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New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a Louisiana 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.

How it works

Built to qualify the receiver.

The receiver can't take control of the assets until the bond is posted. Here's the entire process:

TODAY · ONLINE

Tell us about the matter

The application captures the basics — the court, the docket or succession number, the penal sum the court (or the estate) has set, and who the principal is. Send the order, judgment, or inventory if you have it; if not, we ask for it once.

WITHIN 1 BUSINESS DAY

A specialist underwrites it

Court and fiduciary bonds are individually underwritten. A surety specialist reviews the penal sum, the fiduciary, and the file, runs a soft credit check, and returns a quote — usually within one business day. Larger penal sums may call for financials or collateral.

ONCE TERMS ARE SET

Execute & file

Approve the quote, post any collateral required, and we issue the executed bond on the court's required form with the power of attorney attached. File it with the clerk so the order, appeal, or appointment can take effect.

In plain English

How a receiver bond works, and what to have ready.

  1. 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.

  2. 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.

  3. 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
About this bond

What it is and who needs it.

What a receiver bond guarantees

When a Louisiana court appoints a receiver — or a master or referee — to take custody of property, a business, or a corporation in dispute, that fiduciary controls assets that belong to others.

The bond guarantees the receiver’s faithful performance and honest accounting: preserving the property, collecting and disbursing funds correctly, and turning over the estate as the court directs. If the receiver mishandles the assets, the surety answers for the loss.

Under Louisiana's receivership law the court may require the receiver to post bond, with or without sureties, in an amount the court directs — generally scaled to the value of the property in the receiver's hands. Send us the order and the size of the estate and we'll size the bond accordingly.

Louisiana AuthorityUnder Louisiana’s receivership provisions in Title 12 of the Revised Statutes, a court appointing a receiver may require the receiver to post bond, with or without sureties, in an amount the court directs, conditioned on the faithful performance of the receiver’s duties.

You need this bond if you are

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A court-appointed receiver taking custody of property or a business in a Louisiana proceeding
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A special master or referee the court has conditioned on security
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Counsel arranging the bond before the receiver can take control of the assets
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A creditor or shareholder who moved for a receivership that the court conditioned on a receiver bond
After you buy

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. Approve the quote, post any collateral required, and we issue the executed bond on the court's required form with the power of attorney attached. File it with the clerk so the order, appeal, or appointment can take effect.

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.

You pay nothing until you approve the price.

Tell us the court, the docket number, the amount the court directed, and who the receiver is. A specialist underwrites it and returns a quote — usually within one business day. Free until your bond is issued.

Start the application →
FAQ

Common questions.

What is a Louisiana receiver bond?A fiduciary bond guaranteeing that a court-appointed receiver — or master or referee — will faithfully perform their duties and account for the property under their control. It protects the parties whose assets are in receivership.
How much does it cost?There's no flat rate. Premium is a percentage of the penal sum the court directs, which is typically scaled to the value of the property in receivership, and depends on the receiver's profile. We size and quote the exact figure before you commit.
Who sets the bond amount?The court does. Under Louisiana’s receivership law the court may require the receiver to post bond in an amount it directs, generally keyed to the value of the property or business under the receiver’s control.
Will the receiver need to provide financials?On larger estates, often yes. Because the bond can run to the full value of the property in receivership, an underwriter may ask for financial detail. We tell you what is required up front.
How fast can I get it?A specialist typically returns a quote within one business day of a complete application. Once terms are approved, we issue the executed bond so the receiver can take control of the assets.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
Related bonds

Other Louisiana bonds.

Nearby states

The same bond in nearby states.

Requirements checked on the carrier’s application, . Page updated .

Qualify the receiver and take custody.

Underwritten by a specialist, quote usually within one business day. Free until your bond is issued.

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