Local Rule LR 62.1: Supersedeas Bonds
Bankr. D.N.M.I. — Civil rule
LR 62.1 - Supersedeas Bonds.
a. Nonresidents. Every nonresident filing a complaint must within ten (10) days after demand of an adverse party file with the complaint a bond for costs in the sum of $500 unless for good cause, on motion (which may be made ex parte), the Court dispenses with the bond or fixes a different amount. The bond must have sufficient surety and will be conditioned to secure the payment of all costs of the action which the party ultimately may be required to pay to any other party. After the bond is filed, any opposing party may raise objections to its form or to the sufficiency of the surety for determination by the clerk. If the bond is found to be insufficient, the Court may order the filing of a sufficient bond within a specified time. If the order is not complied with, the clerk will enter dismissal of the action as in a case of dismissal for want of prosecution.
b. Other Parties. On its own motion or a party's motion, the Court may order any party to file a bond for costs in an amount and under conditions designated by the Court.
c. Qualifications of Surety. Every bond for costs under these Rules must have as surety either (1) a cash deposit equal to the amount of the bond, or (2) a corporation authorized by the Secretary of the Treasury of the United States to act as surety on official bonds, or (3) two individual residents of the Northern Mariana Islands, each of whom owns real or personal property within the Northern Mariana Islands sufficient in value above encumbrances to justify the full amount of the suretyship, or (4) any insurance, surety, or bonding company licensed to do business in the Northern Mariana Islands.
d. Suits by Indigent Persons. At the time application is made, under laws allowing indigent persons leave to commence civil proceedings without pre-paying fees and costs or giving security for them, the applicant must file a written consent that any recovery in the proceeding will, as the Court may direct, be paid to the clerk, who may pay unpaid fees and costs taxed against the plaintiff and, to plaintiff's attorney, the amount which the Court allows or approves as compensation for the attorney's services.