A Non-Resident Cost Bond is necessary to guarantee payment for any costs that results from the appeal of a lower court’s decision in the case where a the plaintiff has removed their person and effects after beginning the appeal process.
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 Non-Resident Court Cost Bond holds you accountable for your decisions.
By possessing a Non-Resident Court Cost Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your decisions.