Washington Receiver Bond Guide
Bond Overview
- Purpose: To ensure proper handling of property or business assets
- Who Needs It: Some court-appointed receivers and trustees in Washington
- Regulating Body: The court overseeing the case
- Required Coverage: Varies based on the value of assets being received
- Premium Rate: 1–10%, credit-based
Learn all about the bond requirements and process in this guide.
What Is a Washington Receiver Bond?
A Washington asset liquidation receiver or trustee bond is a type of court bond which protects property or business interests when a company is facing financial distress or legal disputes in court.
The court-required bond coverage will depend on the value of funds being handled.
How Much Do Receiver Bonds Cost?
Washington asset liquidation receiver or trustee bonds cost a small percentage of the coverage amount, typically 0.5–10%.
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 Washington asset liquidation receiver or trustee 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 Washington Receiver Bond Work?
An asset liquidation receiver or trustee bond creates a legal contract between these three parties:
- Principal: You, the court-appointed receiver 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.