Not in Oregon? Receiver bonds in other states

Oregon receiver bonds.
Quote on review.

A court-appointed receiver takes control of property the court is protecting. The bond guarantees you’ll discharge the receiver’s duties 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 ORS 37.090 and the court’s order of appointment
✓
Amount is set by the court to secure costs, damages, and attorney fees from any wrongful act
✓
Underwritten on the receiver’s file; collateral may apply to a large estate
Underwrittencourt sets the amountA-ratedA.M. Best carriers1 daytypical specialist reply
Trusted by industry leaders
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
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 an Oregon 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 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 with one or more qualifying sureties, ready to file so the receiver can take control of the assets.

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 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 commits a wrongful act, the bond secures the costs, damages, and attorney fees any person suffers, 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. Oregon’s Receivership Code lets the court accept a letter of credit, a deposit of funds with the clerk, or an insurance policy in lieu of a bond — we’ll flag what applies, and the cost can be charged against the estate.

Oregon StatuteORS 37.090, part of the Oregon Receivership Code (ORS 37.020 to 37.410), requires a receiver to post a bond conditioned on the faithful discharge of the receiver’s duties, with one or more sureties qualifying under ORCP 82 D or approved by the court, in an amount the court determines is adequate to secure payment of any costs, damages, and attorney fees sustained due to a wrongful act. In lieu of a bond the court may require a letter of credit, a deposit of funds with the clerk, or an insurance policy, and the receiver may charge the cost against the estate.

You need this bond if you’re

✓
A court-appointed receiver taking control of a business, real estate, or assets in litigation
✓
A special master or referee directed to hold or manage property
✓
A receiver under the Oregon Receivership Code (ORS 37.020 to 37.410)
✓
Counsel arranging the bond so the receiver can post it and take possession under the order of appointment
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 & file. Once you bind, we issue the executed bond with one or more qualifying sureties, ready to file so the receiver can take control of the assets.

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 order of appointment, the assets and their value, the receiver, and your finances. Submit once and a surety specialist returns a quote, typically within one business day. Free until your bond is issued.

Start the application →
FAQ

Common questions.

What is an Oregon receiver bond?It is the bond a court-appointed receiver, master, or referee posts to guarantee faithful management of the property placed in receivership. Under ORS 37.090, the bond is conditioned on the faithful discharge of the receiver’s duties, in an amount the court determines is adequate to secure costs, damages, and attorney fees from any wrongful act.
How much does it cost?It is underwritten, not flat-rated. The court sets the penal sum to secure the assets and any wrongful-act exposure. A surety specialist then reviews the receiver’s credit and finances and any collateral and returns a premium quote, usually within one business day.
Who sets the bond amount?The appointing court does, in an amount it determines adequate to secure the costs, damages, and attorney fees a wrongful act could cause. We size and underwrite the bond to whatever amount the order of appointment specifies, and tell you if collateral applies.
Can the court accept something other than a surety bond?Yes. Under ORS 37.090 the court may require a letter of credit, a deposit of funds with the clerk, or an insurance policy in lieu of a bond. The receiver may charge the cost of the bond, alternative security, or insurance against the estate. We’ll tell you which path fits your order.
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 issues with qualifying sureties, ready to file so the receiver can take possession.
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 Oregon bonds.

Nearby states

The same bond in nearby states.

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

Get bonded and take control of the receivership.

Send us the order of appointment and the asset value, 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 →