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

A court-appointed receiver takes control of property the court is protecting.
The bond guarantees you’ll discharge your duties faithfully and account for the assets.
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 T.C.A. § 29-1-105 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 directs the bond, and the receiver can’t fully act until it’s filed. 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 for the clerk and master to take 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 faithfully discharges those duties: collects, preserves, accounts for, and distributes the assets 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. The court sets the amount in its discretion — often a multiple of monthly gross rents for rent-producing property — and we’ll flag what applies.

Tennessee StatuteT.C.A. § 29-1-105 provides that the clerk and master, when directed by the order of the judge or chancellor, shall take bond and security from the receiver, or the complainant, conditioned for the faithful discharge of the duties of the receiver. The amount and surety are subject to the court’s order. (Statutory receiverships under title 29, chapter 40 — for example § 29-40-108 — likewise require a receiver’s bond conditioned on faithful discharge, with sureties the court approves.)

You need this bond if you’re

A court-appointed receiver taking control of a business, real estate, or assets in litigation
A general or special master (master or referee) directed to hold or manage property
A receiver in a commercial or distressed-asset receivership ordered by the chancery court
Counsel arranging the bond so the receiver can file it and take possession under the order of appointment

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 →
FAQs

Common questions.

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

What is a Tennessee receiver bond? +
It is the bond a court-appointed receiver, master, or referee files to guarantee faithful discharge of the receiver’s duties over the property in receivership. Under T.C.A. § 29-1-105, the clerk and master takes bond and security from the receiver, conditioned for the faithful discharge of those duties, when the judge or chancellor so orders.
How much does it cost? +
It is underwritten, not flat-rated. The court sets the penal sum to the value of the assets in receivership, in its discretion. 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, sizing it to the assets the receiver will control. For rent-producing property the bond is often set at a multiple of monthly gross rents. We size and underwrite the bond to whatever amount the order of appointment specifies.
When must the bond be filed? +
On appointment. Section 29-1-105 has the clerk and master take the bond when the court so orders, before the receiver takes up the duties of receiver. Statutory receiverships under title 29, chapter 40 require the same. We help structure whichever the court orders.
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 on the court’s form, ready to file so the receiver can take possession.
Related bonds

Other New York bonds.

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.

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