1 (844) 589-9732

New York Receiver Bond

A New York receiver bond is statutorily required by an fiduciary who has been appointed in this official capacity. Our agency offers this bond in any amount required; and up to $100,000, without a credit inquiry. Please call AmeriPro Surety Bonds at 844-589-9732.

New York Receiver Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Appointment and Role of a Receiver

 

 

 

A receiver is an important fiduciary role appointed by a New York court for the overseeing of a business or entity that may be in the process of dissolution or reorganization.

The receiver is empowered to do many things: They may collect money owed; manage and make decisions; and, in general are empowered to those things concerning the maintenance and sustenance of an entity while the case is overseen by the court.

 

 

 

Purpose of a Receiver Bond

 

 

 

The purpose of the New York receiver bond is to serve as a financial guarantee for the court, and the parties involved in litigation, that a receiver will act in a proper, disinterested, and objective manner in the managing of the entity to which they have been appointed.

In short, it is encompassing a lot of responsibilities; and the court is placing its trust in your character and sound judgment.

 

 

 

Qualifying and the Premium

 

 

 

Our agency offers the New York receiver bond in any amount required by the court. Up to and inclusive of a $100,000 receiver surety bond requirement, we offer this bond without an underwriter review and a credit check inquiry.

A New York receiver bond greater than $100,000 will undergo an underwriter review. This review includes a standard credit check inquiry. In order to be approved, good credit is required.

Regardless of the amount of the receiver bond you require, we’ll always need the following before the surety bond can be issued:

  • A copy of the Court Order: The Court Order is important because it provides us with the amount of the surety bond required; the names of the parties; the location of the court, in many instances; and other information. We will always need a Court Order before issuing any receiver surety bond;
  • A completed application: For receiver surety bond amounts $100,000 and less, we’ll take the application from you over the phone (i.e. much of the information needed will have already been provided through the Court Order). For surety greater than $100,000, you’ll need to sign the application before it will be reviewed by an underwriter. Again, for amounts greater than $100,000 good credit is needed for approval.

After the approval of your bond, and payment of the premium, our agency issues you the following:

  • A Surety Bond;
  • And a Power of Attorney form.

Upon receipt by mail, you’ll sign your bond as Principal, and file it along with the Power of Attorney form with your respective court.

 

 

 

Annual Renewal of the Receiver Surety Bond Premium

 

 

 

The premium payment associated with your New York receiver bond is not a onetime payment, but rather, it renews annually on the anniversary of the surety bond’s issuance.

The bond will renew annually for as long as the court requires surety.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. Besides receiver surety bonds, we are also a provider of New York injunction/temporary restraining order surety bonds.

Additionally, we provide license and permit, probate, and other surety bonds in New York and all 50 states.

Please call our agency today at:

 

844-589-9732

 

Or, you may fill out the form below and a Surety Agent will contact you…

Apply Today!

  • Date Format: MM slash DD slash YYYY
  • Please note: We do not share or rent your address to anyone, except for underwriting purposes associated with your bond.
  • This helps us to find exactly the surety bond that you require. By the way, it's perfectly OK to not know the type of surety bond you need; that's why we're here!
  • This field is for validation purposes and should be left unchanged.

AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

apply today

recent news

Lost Cashier’s Check Bond | Lost Instrument Bond

If you’ve lost a cashier’s check or money order, to replace it, the banking institution will require that a “Lost Instrument bond” be purchased in order to re-issue it. Learn how to quickly purchase this bond with AmeriPro Surety Bonds.

Mortgage Broker Bond

A mortgage broker bond is a license and permit bond which states require to become properly licensed and which is also required to protect the public from wrongful acts committed by a mortgage broker.

Notary Public Bond California

A notary bond, also known as a notary public bond, is a bond that is required by the state of California to engage in the business of witnessing signatures on documents. 

Maryland Electricity Broker Bond

Maryland Electricity Broker Bond AmeriPro Surety Bonds | 844-589-9732       Surety Bond; Purpose       Maryland electricity brokers who will not be taking title to the electricity brokered are required by the state’s Public Service...

Maryland – Montgomery County Waste Bond

Maryland Montgomery County Solid Waste Performance Bond AmeriPro Surety Bonds | 844-589-9732       Surety Bond – Amount; Premium       Solid waste collectors in Montgomery County, Maryland, are licensed and regulated by the Department of...

Maryland Resident/Non-Resident Beer Dealer Bond

Maryland Resident/Non-Resident Beer Dealer Bond AmeriPro Surety Bonds | 844-589-9732       Surety Bond Requirement and Amount; Purpose       Maryland resident and non-resident beer dealers must be licensed and registered with the state’s...

contact us

Office: 1 (844) 589-9732

Hours of Operation:

Monday – Friday 6 am to 5 pm (PST)