A Stay of Execution Bond, also known as an Appeal Bond, guarantees payment of final judgments and costs if adjudged against the principal. The Stay of Execution Bond is put in place to protect the court against losses from time and money due to appeals and is always in the full amount of the judgement plus interest as determined 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 Stay of Execution Court Bond holds you accountable for your decisions.
By possessing a Stay of Execution Court Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your decisions.