Local Rule 9025-1: SECURITY – PROCEEDING AGAINST SURETIES
Bankr. N.D. Ohio — General rule
Rule 9025-1 SECURITY – PROCEEDING AGAINST SURETIES
(a) Bonds. The Court, on motion or its own initiative, may order any party to file an original bond or additional security for costs in such amount and so conditioned as the Court by its order may designate.
(b) Sureties. Every bond under this Rule must be secured by 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 under 19 CFR 113.37 and Treasury Department Circular 570.
(c) Persons Who May Not Be Sureties. No Clerk, Marshal, member of the Bar, or other officer of this Court shall be accepted as surety on any bond or undertaking in any action or proceeding in this Court.
(d) Release of Bond or Other Security. Upon motion, the Court may order release of the original bond or other security for cause.