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Current as of January 01, 2024 | Updated by Findlaw Staff
1. In civil litigation under any legal theory, the supersedeas bond to be furnished to stay the execution of the judgment during the entire course of appellate review must be set in accordance with applicable laws or court rules, except that the total supersedeas bond that is required of all appellants collectively may not exceed twenty-five million dollars, regardless of the amount of the judgment.
2. Notwithstanding subsection 1, 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 require the appellant to post a supersedeas bond in an amount up to the total amount of the judgment.
Cite this article: FindLaw.com - North Dakota Century Code Title 28. Judicial Procedure, Civil § 28-21-25. Limitation on bond requirements in litigation - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-28-judicial-procedure-civil/nd-cent-code-sect-28-21-25/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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