Bonds or Undertakings - Sureties - Qualifications

No bond or undertaking requiring third-party sureties will be approved unless it bears the names and addresses of third-party sureties and is accompanied by a declaration by the surety stating that: (a) The surety is a resident of the State of California; (b) The surety who intends to deed real property as security owns the real property within the State of California; (c) The security posted by the surety is worth the amount specified in the bond or undertaking, over and above just debts and liabilities; and (d) The property, real or personal, which is to be conveyed as security, is not exempt from execution and prejudgment attachment. 12/1/2025 Chapter I - 80 LOCAL RULES - CENTRAL DISTRICT OF CALIFORNIA If specifically approved by the Court, real property in any other state of the United States may be part of the surety’s undertaking.