Local Rule L.R. 65-3: Bonds or Undertakings - Sureties - Qualifications
C.D. Cal. — Civil rule
L.R. 65-3 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.
If specifically approved by the Court, real property in any other state of the United States may be part of the surety's undertaking.