Connecticut Receivers Bond Guide
Bond Overview
- Purpose: To ensure proper handling of funds
- Who Needs It: Some court-appointed receivers in Connecticut
- Regulating Body: The court overseeing the case
- Required Coverage: $1,000–$100,000
- Premium Rate: 1–10%, credit-based
Learn all about the bond requirements and process in this guide.
What Is a Connecticut Receivers Bond?
A Connecticut receivers bond is a type of court bond which protects property or business owners when facing financial distress or legal disputes in court.
Your bond coverage will depend on the value of funds being handled.
How Much Do Receiver Bonds Cost?
Connecticut receivers bonds cost a small percentage of the required coverage amount, typically 1–10%.
Exact rates vary based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Connecticut receivers bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll mail you the bond via your preferred shipping method. Be sure to file it with the court overseeing the case as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Connecticut Receivers Bond Work?
A receivers bond creates a legal contract between these three parties:
- Principal: You, the appointed receivers filing the bond
- Obligee: The court overseeing the case requiring the bond
- Surety: The provider issuing the bond
If you fail to follow court orders or are negligent, a claim can be filed providing compensation to affected parties.