North Carolina receiver bonds.
For receivers, masters & referees.
A court-appointed receiver takes custody of property and runs it under the court’s direction. Before acting, the receiver posts a bond securing faithful discharge of the receiver’s duties. The court fixes the amount in its discretion, by reference to the property under receivership. It is underwritten, not flat-rated — tell us the estate and we size, underwrite, and quote it.
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How much does a North Carolina 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 generally posts the bond the court orders before — or shortly after — taking up the receivership. Here is the whole process:
Tell us the receivership
Send the appointing order (or its terms), the court, and the value of the property under receivership. That value drives the court-set amount and the quote.
A specialist underwrites & quotes
A surety specialist reviews the matter and returns a quote with any collateral or financial requirement. Because the receiver holds and manages estate property, larger receiverships may be collateralized — we flag that up front.
Execute & file
We issue the bond on the form the court accepts, with the surety’s power of attorney attached, so it can be approved and you can act as receiver.
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 secures
A receiver is a neutral, court-appointed custodian who takes control of property or a business that is the subject of litigation — preserving it, operating it, or winding it down under the court’s direction.
Because the receiver holds other people’s assets, the court requires a bond securing the faithful discharge of the receiver’s duties and obedience to the court’s orders. If the receiver mishandles the estate, the bond answers for the loss.
Under North Carolina’s Commercial Receivership Act the receiver gives bond in the sum, nature, and with the conditions the court orders in its discretion — conditioned, unless the court directs otherwise, on the faithful discharge of the receiver’s duties under the court’s orders and the laws of the State. The same logic covers masters and referees appointed to hold or distribute funds under the court’s supervision.
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. We issue the bond on the form the court accepts, with the surety’s power of attorney attached, so it can be approved and you can act as receiver.
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.
Start with the order and the estate value.
These are the actual underwriting fields — the receivership, the court, the property value, and your business. Submit once and a surety specialist responds in about one business day with a quote and any collateral requirement. No charge until the bond is issued.
Start the application →Common questions.
Other North Carolina bonds.
The same bond in nearby states.
Requirements checked on the carrier’s application, . Page updated .
Get bonded before you take the receivership.
Send the appointing order and the estate value. A surety specialist underwrites it and returns a quote — typically within one business day. No charge until the bond is issued.