Utah receiver bonds.
Faithful discharge, court-set amount.
When a Utah court appoints you as receiver, master, or referee, you take control of property that isn’t yours. A receiver bond guarantees you will discharge that trust faithfully. The court sets the amount to the assets under your control. We underwrite it and a specialist returns a quote, usually within one business day.
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How much does a Utah 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’s authority is effective as of appointment, but the bond has to be filed with the court. Here is the whole process:
Tell us the basics
The court order, the case, the penal sum the court set (or the size of the estate or property), and who the fiduciary is. The application captures it once — no broker phone tag.
A specialist underwrites it
A surety specialist reviews the bond and the principal, then returns a quote — usually within one business day. Larger penal sums may call for financials or collateral; we tell you up front, not at the closing table.
E-sign & file with the court
Approve the quote, sign, and receive the executed bond on the court’s required form with power of attorney attached. Wet-ink originals mailed whenever the clerk insists.
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 guarantees
A receiver is appointed by a court to take custody of property or a business that is in dispute — to preserve, manage, or wind it down under the court’s direction. So are masters and referees in equity.
Because the receiver controls assets that belong to others, the court requires a bond conditioned on the faithful discharge of those duties. If the receiver mismanages or misappropriates the property, the bond stands behind the loss.
Utah’s receivership statute lets the court fix the amount and approve the sureties; the surety underwrites the receiver and the value of the estate. Large receiverships may call for collateral or alternative security. This is quote-on-review, not a flat-rate bond.
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
E-sign & file with the court. Approve the quote, sign, and receive the executed bond on the court’s required form with power of attorney attached. Wet-ink originals mailed whenever the clerk insists.
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 receivership and the assets.
These are the actual underwriting fields — the court and case, the assets under your control, and the receiver. Submit once and a surety specialist returns a quote, usually within one business day. Free until your bond is issued.
Start the application →Common questions.
Other Utah bonds.
The same bond in nearby states.
Requirements checked on the carrier’s application, . Page updated .
Get bonded and take the receivership.
Tell us the assets and the court. A surety specialist underwrites it and returns a quote, usually within one business day. Free until your bond is issued.