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2015 New York Laws
CVP - Civil Practice Law & Rules
Article 25 - (Civil Practice Law & Rules) UNDERTAKINGS
2504 - Waiver of undertaking; removal and change of parties.

NY CPLR § 2504 (2015) What's This?
  2504.  Waiver  of  undertaking; removal and change of parties.  (a)
  Waiver of undertaking. Unless the court orders otherwise, an undertaking
  may be waived by the written consent of all parties.

(b) Removal and change of parties. The  liability  on  an  undertaking
  shall  remain  in  effect in favor of the party for whose benefit it was
  given, notwithstanding a removal of the action or a change of parties.

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