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.
















A receiver generally posts the bond the court orders before — or shortly after — taking up the receivership. Here is the whole process:
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 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.
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.
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.
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 →If yours isn't here, the bond team can usually answer within the hour.
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.