(844) 589-9732

Alaska Receiver Bond

April 14, 2020

The Alaska receiver bond is a court-mandated surety bond required as a condition of appointment. Our agency offers this bond for 1/2 of 1%. Please call AmeriPro Surety Bonds today.

Alaska Receiver Bond - AmeriPro Surety Bonds

844-589-9732

 

 

 

Appointment; Surety Bond Requirement and Purpose

 

 

 

Alaska receivers, either in a bankruptcy or in a case involving the dissolution or reorganization of a business entity, are governed by Rule 66, as amended.

According to Alaska Statute Section 10.06.643, a prerequisite to appointment of a receiver position is that you furnish evidence of a surety bond in the amount mandated by the presiding Court.

The receiver surety bond is a financial guarantee for the Court and parties involved that you will act in a true, objective fiduciary manner in the execution of your duties.

 

 

 

Qualifying and the Premium Amount

 

 

 

Our agency provides the Alaska receiver surety bond in any amount required by the Court. Up to and inclusive of a $100,000 surety bond requirement, we also do so without a credit inquiry.

Regardless of the amount of your receiver bond, however, our agency requires the following:

  • A copy of the Court Order appointing you as Receiver and mandating the surety bond requirement. This order will at the same time provide us with needed information for your surety bond; namely, the parties to the case and the Court venue and location;
  • A completed surety bond application. For amounts $100,000 and less, we’ll take the application from you over the phone. Amounts greater than $100,000 require your completion and signature.
  • Payment of the premium.

Candidates for the Alaska receiver bond greater than $100,000 will also undergo a credit check inquiry. To be approved for these larger amounts good credit is required.

Approval is offered at ½ of 1%, with a minimum $100 premium.

Upon approval of your surety bond and payment of the premium, our agency issues your bond and a Power of Attorney form.

Upon receipt, you’ll sign your bond as Principal, and file all documents received with the Clerk of the Court.

 

 

 

Annual Renewal of the Receiver Surety Bond Premium

 

 

 

The Alaska receiver bond renews annually on the anniversary of your bond’s issuance for as long as the court requires surety.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, probate, and other surety bonds in Alaska 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...

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