Wisconsin 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.
The court sizes it to the property in receivership — and we underwrite it.
A surety specialist reviews your file and returns a quote, usually within one business day.

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Required of a receiver under Wis. Stat. § 813.16 before taking control of the property

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Bond must be sufficient to cover all property likely to come into the receiver’s hands

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Underwritten on the receiver’s file; collateral may apply to a large estate

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How it works

Built for the order of appointment.

A receiver gives the bond and files it with the clerk before taking control, so the bond is usually the gating step after appointment. Here is the whole process:

TODAY · 10 MINUTES

Send us the file

Apply online with the order of appointment, the property in receivership and its value, and the receiver’s details. The property the receiver will hold 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 set by the court — underwriting decides approval and collateral.

ON APPROVAL

Execute & file

Once you bind, we issue the executed bond on the form the court requires with the power of attorney attached, ready to file with the clerk so the receiver can take control of the property.

About this bond

What it is and who needs it.

What a receiver bond secures

A Wisconsin court appoints a receiver (or referee or master) 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 the duties of the office: collecting, preserving, accounting for, and distributing the property as directed. 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 property the receiver holds, the bond is underwritten on the receiver’s credit and finances, and a large receivership can require collateral. The judge approves the amount and the sureties and can adjust the bond as the receivership develops.

Wisconsin StatuteWis. Stat. § 813.16 provides that a receiver must give to and file with the clerk of the court a bond, conditioned in the usual manner, with sureties to be approved by the judge making the appointment, sufficient to cover all property likely to come into the receiver’s hands. The amount and sureties are approved by the appointing court, sized to the property the receiver will hold, and the statute includes a special provision allowing certain supervised financial institutions to be appointed receiver on such bond as the court requires.

You need this bond if you’re

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A court-appointed receiver taking control of a business, real estate, or assets in litigation

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A referee or special master directed to hold, manage, or sell property

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A receiver in a rents-and-profits or foreclosure receivership

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Counsel arranging the bond so the receiver can file it with the clerk 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 property and its 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 Wisconsin receiver bond? +

It is the bond a court-appointed receiver, referee, or master files with the clerk before taking control of the property. Under Wis. Stat. § 813.16 it is conditioned in the usual manner, with sureties approved by the appointing judge, and must be sufficient to cover all property likely to come into the receiver’s hands.

How much does it cost? +

It is underwritten, not flat-rated. The court sets the penal sum to the property in receivership. 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 court that made the appointment does, in an amount sufficient under Wis. Stat. § 813.16 to cover all property likely to come into the receiver’s hands, with sureties the appointing judge approves. We size and underwrite the bond to whatever the court fixes.

Can the bond be adjusted as the receivership develops? +

Yes. The court that appointed the receiver oversees the receivership and can increase or reduce the bond as the property and the receiver’s exposure change. We help restructure the bond if the court adjusts the requirement.

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 with the clerk 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 property 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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