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.

Required of a court-appointed receiver under Utah Code 78B-21-108 and URCP Rule 66
Conditioned on the faithful discharge of the receiver’s duties
Amount is set by the court to the assets at stake — underwritten on review
A-ratedA.M. Best carriers1 dayspecialist quoteCourt formissued on the court’s paper
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 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:

TODAY · 5 MINUTES

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.

WITHIN 1 BUSINESS DAY

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.

ONCE YOU APPROVE

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.

About this bond

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.

Utah AuthorityUtah Code Section 78B-21-108 requires a receiver to post a bond conditioned on the faithful discharge of the receiver’s duties, with sureties approved by and in an amount specified by the court; Utah Rule of Civil Procedure 66 governs receivers generally and the court’s authority to require security.

You need this bond if you’re

A court-appointed receiver taking custody of a business, real estate, or other property in dispute
A special master or referee charged with handling assets under the court’s direction
Counsel arranging a receivership who needs the receiver bonded before the order takes effect
A receiver in a commercial real estate matter under Utah’s receivership act

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 →
FAQs

Common questions.

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

What is a Utah receiver bond? +
It is a bond a court requires of a court-appointed receiver (and, similarly, masters and referees) conditioned on the faithful discharge of their duties. Under Utah Code 78B-21-108 and Rule 66, the receiver controls property that belongs to others, and the bond protects the parties if the receiver fails that trust.
How much does it cost? +
There is no flat rate. The court specifies the bond amount based on the value of the assets under the receiver’s control, and the premium is underwritten from that amount and the receiver’s financial standing. We quote it on review, usually within one business day.
Who sets the amount? +
The court does. Utah Code 78B-21-108 directs the court to specify the amount and approve the sureties; the figure tracks the value of the estate the receiver is managing. We issue to whatever amount the court fixes.
Can alternative security be posted instead? +
Sometimes. Utah’s receivership statute lets the court approve alternative security such as a letter of credit or a deposit of funds in place of a surety bond. Where a surety bond is the right route, we underwrite and issue it; tell us the amount and the assets involved.
How fast can I get it? +
A specialist typically returns a quote within one business day of a complete application. On a clean file the executed bond follows shortly after you approve the quote, so it can be filed with the court.
Related bonds

Other New York bonds.

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.

PricingOn review
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