Bonds and UndertakingsObjections to Bonds
Section § 995.910
Section § 995.920
This law allows a beneficiary to object to a bond if they believe there's a problem. They can raise issues if the people backing the bond (sureties) aren't adequate, if the amount of money guaranteed isn't enough, or if there's any other reason that makes the bond not good enough.
Section § 995.930
This section explains how someone can officially object to a bond. To do so, they must submit a written motion describing their reasons. If the objection is about the bond amount being too low, they need to explain why and suggest a sufficient amount. Objections should be made within 10 days of receiving the bond. If not, the right to object is usually lost, unless there's a good reason or some circumstances change.
Section § 995.940
If someone challenges a bond by saying the property tied to it is worth more than stated, they must provide their own value estimate. The person responsible for the bond can agree with that estimate and increase the bond amount right away. If they do, no hearing is needed, and the person who made the challenge must stick to their estimated value.
Section § 995.950
This section discusses the timing and conduct of a court hearing on an objection. It states that, unless both parties agree otherwise, the hearing must occur between two to five days after a motion notice is served. The court decides how the hearing is conducted, similar to a civil case trial, allowing witness testimony and evidence. If the objection involves property value, the court will estimate the value and may appoint neutral appraisers for assistance.
Section § 995.960
When there's a hearing about a bond, the court decides if it's enough or not. If the bond isn't enough, the court will say why and give five days to fix it with a better bond. If you don't provide a better bond in time, any rights you got from the bond end right away. If there's already a bond in place, it stays valid until the new bond is submitted or until the deadline for a new bond passes—it covers everything up until that point. If the bond is considered good enough, it can't be challenged again unless something changes in the future.