Indiana Code Title 34. Civil Law and Procedure § 34-49-5-3
Current as of June 08, 2021 | Updated by FindLaw Staff
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Sec. 3. (a) An appeal bond that an appellant must post to stay execution on a judgment while an appeal is pending may not exceed twenty-five million dollars ($25,000,000) regardless of the total amount of the judgment.
(b) Notwithstanding subsection (a), if an appellee proves by a preponderance of the evidence that an appellant is dissipating assets outside the ordinary course of business to avoid payment of a judgment, a court may enter orders that:
(1) are necessary to protect the appellee; and
(2) require the appellant to post a bond that is equal to the total amount of the judgment.
Cite this article: FindLaw.com - Indiana Code Title 34. Civil Law and Procedure § 34-49-5-3 - last updated June 08, 2021 | https://codes.findlaw.com/in/title-34-civil-law-and-procedure/in-code-sect-34-49-5-3.html
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