Did you know that in 2007 the California legislature passed into law the Professional Fiduciaries Act and as of January 1st 2009 it became necessary for any fiduciary to be licensed if they were to legally operate in the state. In the legal world a Fiduciary is defined as, “An individual in whom another has […]
In a previous post, we explored the topic of defendants bonds and appeal bonds in particular. In upcoming posts we will define in more detail other kinds of defendants bonds. For this post, however, the surety bond experts at Jurisco will be answering the question that many attorneys ask when they are required to procure […]
Did you know that the electronic filing (E-filing) of certain civil court documents is available (and sometimes mandatory) in counties and judicial districts all over California? Its true. Pursuant to amendments in the California Code of Civil Procedure section 1010.6, civil court documents can be filed easily and efficiently from your office. In Orange County […]
Often times surety bonds are used in cases to protect an enjoined party from wrongful civil actions. These generally fall under the category of plaintiff bonds. However there is also a list of surety bonds used as good faith measures so certain legal actions can be delayed. These are called defendants bonds. Over the coming […]
There are many reasons why a plaintiff would seek a prejudgment Writ of Attachment Bond in a civil proceeding; and there are valid reasons why seeking to attach in a civil proceeding is not a good tactic. California has strict statutory regulations regarding a claimant seeking to attach so it is important to weigh the […]
Supersedeas bond in Florida, as those who have been reading the Jurisco surety bond blog regularly will know, is one of the most common type of surety bonds. We have discussed the supersedeas bond topic often, focusing on state requirements, bond cost, differing local mandates, and the general necessity of the court bond. This is […]
A surety bond save Ohio company million dollar($1.2) after a business it was working with declared bankruptcy. United Architectural Metals (UAM) was able to recover the $1.2 million owed by Trainor Glass Company because Trainor used a surety bond. By using a surety to protect the company’s assets, Trainor was able to properly settle their […]
A personal representative bond in Michigan carries a lot of weight with a minimal cost. Think of it as the surety bond that treads lightly but carries a big stick. Personal representative bonds protect the deceased’s assets and heirs fully. Should the administrator misuse funds or cause damage to the estate, the personal representative bond […]
A Personal Representative Bond in California is required to protect the interest of the deceased’s estate, its heirs and those parties who are owed money. The responsibility of a personal representative (commonly referred to as an administrator or executor in California) is taken seriously by the courts. Courts mandate the surety bond as a form […]