Section 21-21.—Bond
Current through August 12, 2025 (2026 Practice Book edition) · Last verified July 9, 2026
Full Text of Section 21-21
Amendment History
(P.B. 1978-1997, Sec. 507.)
Plain-English Summary
Section 21-21 makes the appointment of a receiver of rents conditional on posting a bond. The appointment does not become effective until the receiver files a bond in the amount fixed when appointed, and that bond must be approved by the judge or clerk of the court where the action is pending. Banks and trust companies are excused from this bond requirement. The rule then provides the substantially required wording for such bonds, obligating the receiver to well and truly perform the duties of the appointment, describing the property by its location and address, and naming the parties to the underlying action.
Frequently Asked Questions
When does a receiver of rents' appointment take effect?
Not until the receiver files the required bond and the judge or clerk approves it.
Does every receiver of rents need to post a bond?
No. Section 21-21 excuses a bank or trust company from the bond requirement.
Who sets the amount of the bond?
The amount is fixed at the time of appointment.
What must the bond say?
The rule provides a form obligating the receiver to well and truly perform his or her duties under the appointment, identifying the parties and describing the property by its location.