TRO Temporary Restraining Order Surety Bond
Offered by Surety Bond Authority, Inc.
Description
A Temporary Restraining Order Bond, otherwise known as a TRO bond, is a type of injunction bond that provides protection to a defendant against possible loss should the court rule that a temporary restraining order was illegal or unnecessary in the litigation.
Some courts require a plaintiff to post a Temporary Restraining Order Surety Bond in the course of litigation. This type of bond is required by certain courts when a plaintiff wants to prevent the plaintiff from performing a particular act that might affect the outcome of the case. It is also intended to protect the rights of the defendant against any loss arising from the TRO in case the judge later rules that the TRO should not have been granted. The bond eventually protects the rights of the defendant should be he or she wins the case.
Details
Carrier Information
Admitted
Offered By
Availability 50 states + DC
Covered
Not Covered
