Temporary Restraining Order (TRO) / Injunction Bonds
What is a Temporary Restraining Order Bond?
A TRO Bond (Temporary Restraining Order or Injunction bond) is a security deposit required when a plaintiff seeks a court order to immediately halt a defendant’s action; the bond guarantees the restrained party will be compensated for losses if the court later determines the restraining order should not have been issued.
Watch our video to learn why you may need this bond:
Now offering three ways to post collateral (only on required court bonds):
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- Morgan Stanley Account: We partner with Morgan Stanley to provide clients with the opportunity to generate interest on their collateral, which effectively covers the bond as annual premium payments.
- Wire Transfer: A Wire Transfer is an electronic transfer of funds from one party to another, typically initiated by a bank or other financial institution.
- Letter of Credit: A Letter of Credit is a document issued by a bank or other financial institution to guarantee payment from one party to another.
These are available for instant quote, purchase, print or e-file on your desktop or mobile device.
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