A Receivership Court Bond is a financial guarantee against any damages that may be incurred by a party as a resulting from the appointment of a receiver by the court.

A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal.  The Receivership Court Bond holds you accountable for your decisions. 

By possessing a Receivership Court Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your decisions.