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

A court-appointed receiver takes control of property the court is protecting.
The bond guarantees you’ll manage and account for those assets faithfully.
The court sets 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 of a receiver under Minn. Stat. § 576.27 and the court’s order of appointment
Amount is set 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

A court appoints a receiver (or master or referee) to take custody of disputed or distressed property — a business, 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. We tell you what a given file needs before you commit.

Minnesota StatuteMinnesota’s receivership statute, Chapter 576, governs court-appointed receivers. Under Minn. Stat. § 576.27, a receiver must post a bond or alternative security in the amount the court orders, conditioned on the faithful discharge of the receiver’s duties; the appointing court fixes the amount in its order, sized to the assets in receivership. The court may increase, decrease, or otherwise modify the bond as the receivership proceeds.

You need this bond if you’re

A court-appointed receiver taking control of a business, real estate, or assets in a Minnesota receivership
A special master or referee the court has directed to hold or administer property and post bond
A lender’s nominee appointed receiver over collateral or income-producing property in a dispute
Counsel arranging a receivership who needs the receiver bonded before the order takes effect

The application takes about ten minutes.

These are the actual underwriting fields — the order of appointment, the assets and their value, the receiver’s details, and financials. 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 →
FAQs

Common questions.

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

What is a Minnesota receiver bond? +
It is the bond a court-appointed receiver posts before taking control of property in a receivership. Under Minn. Stat. § 576.27 the receiver gives a bond, conditioned on faithfully discharging the receiver’s duties, in the amount the court fixes in its order of appointment — sized to the assets the receiver will manage.
How much does it cost? +
It is underwritten, not flat-rated. The court sets the penal sum to the assets in receivership. A surety specialist reviews the receiver’s file and any collateral and returns a premium quote, usually within one business day.
Who sets the bond amount? +
The appointing court does, in its order under Minn. Stat. § 576.27, sized to the value of the assets in receivership, and it can modify the amount as the receivership proceeds. We size the bond to the court’s order, underwrite the receiver, and quote the premium.
Will I need to post collateral? +
Often, for a large receivership. Because the surety stands behind the entire estate, a large penal sum can require collateral such as cash, a letter of credit, or pledged assets, supported by financials. We tell you what your specific file requires before you commit.
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 is ready to post so the receiver can take control of the assets.
Related bonds

Other New York bonds.

Get bonded so the receiver can act.

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

PricingOn review
Apply now →