CHAPTER 5. APPEAL BONDS

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 aregoverned by IC 34-56-2.
As added by P.L.1-1998, SEC.45.

IC 34-49-5-2
Federal agencies exempt from appeal bond requirements
    Sec. 2. Federal agencies are exempt from appeal bondrequirements 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 stayexecution on a judgment while an appeal is pending may not exceedtwenty-five million dollars ($25,000,000) regardless of the totalamount of the judgment.
    (b) Notwithstanding subsection (a), if an appellee proves by apreponderance of the evidence that an appellant is dissipating assetsoutside the ordinary course of business to avoid payment of ajudgment, 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 totalamount of the judgment.
As added by P.L.46-2002, SEC.1.