HOUSE BILL 1436

Sponsored By:

Delegate Anderson

Entitled:

Supersedeas Bonds - Limitation on Amount

Synopsis:

Prohibiting the total amount of a supersedeas bond required collectively of all appellants to stay enforcement, pending appeal, of a judgment entered in favor of a plaintiff in a civil action from exceeding $25,000,000, regardless of the amount of the judgment; and providing an exception 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.

History by Legislative Date

House Action

2/25

First Reading House Rules and Executive Nominations

3/8

Re-referred Judiciary

3/10

Hearing 3/19 at 1:00 p.m.

4/10

Unfavorable Report by Judiciary

Senate Action

No Action

Bill indexed under the following Subjects:

APPEALS -see also- JUDICIAL REVIEW

BONDS -see also- COUNTY & BALTIMORE CITY BONDS; STATE BONDS.

CIVIL ACTIONS -see also- SMALL CLAIMS

COURTS -see also- CIRCUIT; APPEALS; DISTRICT; ORPHANS'; etc.

JUDGMENTS

Bill affects the following Statute:

Courts and Judicial Proceedings

( 12-301.1 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered