Appeal Bond Reform: SB 33 (2011)

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The amount of the undertaking that shall be required by


The amount of the undertaking that shall be required by the court shall be an amount determined by the court after notice and hearing proper and reasonable for the security of the rights of the adverse party, considering relevant factors, including the following: (1) The amount of the judgment; (2) the amount of the limits of all applicable liability policies of the appellant judgment debtor; and (3) The aggregate net worth of the appellant judgment debtor.

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