Not in Nebraska? Receiver bonds in other states

Nebraska receiver bonds.
Faithful performance, accounted for.

When a Nebraska court appoints a receiver to take charge of property, it requires a bond guaranteeing the receiver will faithfully discharge the duties and obey the court’s orders. The court fixes the penal sum, so these bonds are underwritten, not flat-rated. A specialist quotes it, usually within one business day.

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Required of a court-appointed receiver under Neb. Rev. Stat. § 25-1084
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Guarantees faithful performance and accounting for property in the receiver’s hands
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Court fixes the penal sum — underwritten, no flat rate
Court-setpenal sumA-ratedA.M. Best carriers1 dayspecialist reply
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
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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 Nebraska 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 around the appointment order.

A receiver typically must post bond before entering on the duties. Here is how the bond side works:

TODAY · 10 MINUTES

Apply and send the order

Tell us the case and the penal sum the court set. Attach the appointment order so we can confirm the amount and the conditions.

WITHIN 1 BUSINESS DAY

A specialist underwrites and quotes

A surety underwriter reviews the receivership, the property, and the receiver. The court fixes the amount; underwriting sets the premium and any collateral.

ON BINDING

Execute and qualify

Sign, post any required collateral, and receive the executed bond so you can qualify and take charge of the property.

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 covers

A receiver is the neutral person a court puts in charge of property or a business while a dispute is resolved — collecting it, preserving it, and ultimately accounting for it to the court. Masters and referees in equity serve a similar court-appointed role.

The bond guarantees that the receiver will faithfully discharge the duties, obey the court’s orders, and account for all property that comes into the receiver’s hands. If the receiver misappropriates or mismanages, parties can recover on the bond.

The court fixes the penal sum, so the amount is not a flat figure. Because the receiver may be holding substantial assets, these bonds are underwritten and frequently collateralized — not instant. We size to the court’s order, underwrite the receiver, and quote it.

Nebraska StatuteNeb. Rev. Stat. § 25-1084 requires a receiver to give a bond, with approved sureties, conditioned to faithfully discharge the duties of receiver and obey the orders of the court — in a penal sum fixed by the court, not to exceed double the value of the property in question.

You need this bond if you’re

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A court-appointed receiver taking charge of a business, real estate, or disputed assets
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A master or referee in equity charged with holding or distributing property
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A receiver in a foreclosure or partnership-dissolution or creditor proceeding
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Counsel qualifying a receiver who must post bond under § 25-1084 before serving
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 and qualify. Sign, post any required collateral, and receive the executed bond so you can qualify and 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 case, the penal sum the court set, and your background. Submit once and attach the order; a surety specialist responds, usually within one business day. Free until your bond is issued.

Start the application →
FAQ

Common questions.

What is a Nebraska receiver bond?A bond required of a person a court appoints as receiver to take charge of property or a business during litigation. Under Neb. Rev. Stat. § 25-1084 it guarantees the receiver will faithfully discharge the duties, obey the court’s orders, and account for all property in the receiver’s hands. Masters and referees in equity post similar bonds.
How much is the bond?The court fixes the penal sum — in Nebraska, not more than double the value of the property in question. There is no flat rate; these bonds are underwritten. Send us the appointment order and a specialist sizes and prices it.
Will I need collateral?Often, depending on the size of the receivership and the receiver’s financials. Because the receiver may control substantial assets, underwriting frequently asks for collateral or financials. The specialist tells you what your file needs before you commit.
How fast can I get it?A surety specialist typically responds within one business day of an application with the order attached. Because a receiver usually must qualify before entering on the duties, apply early so any collateral can be arranged.
Who is protected by the bond?Everyone with an interest in the property the receiver controls — the parties to the case, creditors, and the estate of property itself. The bond runs to the State of Nebraska for their benefit, and they can recover on it if the receiver fails to account.
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 Nebraska bonds.

Nearby states

The same bond in nearby states.

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

Qualify and take charge of the property.

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

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