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Surety Bond Details
Cost: Depends on applic...
Injunction Bond | ||
---|---|---|
Category: | Court & Fiduciary | |
Obligee: | Georgia **Generic Obligee** (Party/Entity/Business Requiring you obtain bond) | |
Amount: | Varies | |
Duration: | Stated on Bond | |
Expiration: | Stated on Bond |
Georgia Injunction Bond An Injunction Bond is a judicial order issued by a court in favor of the plaintiff whereby the defendant is required to do or refrain from doing a particular act until the issue is decided in court. The Bond guarantees that the plaintiff will indemnify the defendant against all damages and costs should the court rule in the defendants favor. A defendant could also provide an injunction Bond to allow his continued action until the matter is resolved in court. In this situation the Bond would guarantee the defendants indemnification of the plaintiff's damages should the plaintiff prevail.
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