2016 Indiana Code
TITLE 34. CIVIL LAW AND PROCEDURE
ARTICLE 49. BONDS
CHAPTER 5. APPEAL BONDS
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IC 34-49-5
Chapter 5. Appeal Bonds
IC 34-49-5-1
Appeal bonds governed by IC 34-56-2
Sec. 1. Appeal bonds for appeals taken to circuit courts, superior
courts, or probate courts are governed by IC 34-56-2.
As added by P.L.1-1998, SEC.45. Amended by P.L.84-2016,
SEC.161.
IC 34-49-5-2
Federal agencies exempt from appeal bond requirements
Sec. 2. Federal agencies are exempt from appeal bond
requirements under IC 34-56-3.
As added by P.L.1-1998, SEC.45.
IC 34-49-5-3
Amount of appeal bond
Sec. 3. (a) An appeal bond that an appellant must post to stay
execution on a judgment while an appeal is pending may not exceed
twenty-five million dollars ($25,000,000) regardless of the total
amount of the judgment.
(b) Notwithstanding subsection (a), 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, a court may enter orders that:
(1) are necessary to protect the appellee; and
(2) require the appellant to post a bond that is equal to the total
amount of the judgment.
As added by P.L.46-2002, SEC.1.
Indiana Code 2016
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