2004 Regular Session

HOUSE BILL 1436

File Code: Civil Actions and Procedures Crossfiled with: SENATE BILL 339
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