§ 5/2-1710 Form of security

§ 2-1710. Form of security.

    (a) Security authorized or required for payment of a judgment for periodic installments entered in
accordance with this Section must be in one or more of the following forms and approved as to quality by the court:

        (1) bond executed by a qualified insurer;

        (2) annuity contract executed by a qualified insurer;

        (3) evidence of applicable and collectible liability insurance with one or more qualified insurers;

        (4) an agreement by one or more qualified insurers to guarantee payment of the judgment; or

        (5) any other satisfactory form of security.

    (b) Security complying with this Section serves also as a required supersedeas bond.