There is a new law involving appeal bonds classified as SB 2509. The new Rhode Island bill caps the supersedeas bond at $50 million for all appellants together despite the worth of the judgment; this is done to stay the carrying out of a judgment associated to the Master Settlement Agreement. SB 2509 became law even though the Governor did not provide his signature. The new law was enacted on 07/08/2008.
Rhode Island Appeal Bond Amendment
September 26, 2009 by Eric Weisbrot
Category: Court Bonds, Surety NewsTags: appeal bond, Rhode Island, RI |
