Inn North Carolina, there are several court and probate-related surety bond requirements. These regulations are often enforced by county courts, and are broken into the following categories: probate/fiduciary bonds and civil/judicial bonds.
Courts in North Carolina require a personal representative (administrator or executor) to secure a surety bond to guarantee the fulfillment of obligations.
Trustees are often asked to provide a surety bond to protect the trust’s assets and beneficiaries.
Guardians, AKA fiduciaries, need a surety bond to ensure they will not act in a fraudulent manner while performing fiduciary duties.
In order to take possession of property held by another prior to a court's decision, a Replevin Bond can be utilized to retake possession.
The appellant must provide this bond to appeal a lower court's judgement, to guarantee payment is made upon a jurisdiction being reached.
Counterpart to the Replevin Bond which allows for the defendant to keep possession of property until the court has reached a verdict.