Maryland receiver bonds.
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A court that appoints you receiver usually requires a bond before you take charge. It guarantees you’ll preserve and account for the assets honestly. The court sets the amount to the value of the receivership estate — 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 Maryland 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.
A receiver usually can’t take charge of the property until the bond is on file, so it’s the gating step. Here is the whole process:
Send us the file
Apply online with the appointment order, the nature and value of the assets in receivership, and the bond amount the court set.
A surety specialist underwrites it
A specialist reviews the order, the estate, your financials and credit, and any collateral, then returns a quote. The penal sum is set by the court — underwriting decides approval and collateral.
Execute & file
Once you bind, we issue the executed bond on the court’s required form with the power of attorney attached, ready to file so you can take charge of the property.
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 guarantees
When a court appoints a receiver (or a master or referee) to take custody of property — a business, real estate, or a fund in dispute — it usually requires a bond before the receiver can act.
The bond guarantees the parties and the court that the receiver will preserve the assets, account for every dollar, and faithfully perform the duties of the office. If the receiver mishandles the estate, the surety makes the parties whole and then pursues the receiver.
Because the surety stands behind the whole receivership estate, the bond is underwritten on your credit and finances, and a large penal sum can require collateral. The court fixes the amount to the assets the receiver controls, and we tell you what your file 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 on the court’s required form with the power of attorney attached, ready to file so you can take charge of the property.
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 appointment order, the assets, your finances, and your credit. Submit once and a surety specialist returns a quote, typically within one business day. Free until your bond is issued.
Start the application →Common questions.
Other Maryland bonds.
The same bond in nearby states.
Requirements checked on the carrier’s application, . Page updated .
Get bonded before you take charge.
Send us the appointment order and a surety specialist sizes, underwrites, and quotes the bond — typically within one business day. Free until your bond is issued.