§ 21-21. Receiver of Rents--Bond

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§ 21-21. Receiver of Rents--Bond

No such appointment shall become effective until the receiver shall have filed a bond in such amount as shall have been fixed at the time of appointment or until said bond shall have been approved by the judge or clerk of the court in which the action is pending; provided that no bond need be required of a bank or trust company. The condition of bonds of such receivers shall be substantially in the following form:

The condition of this obligation is such that, whereas the above named A has by (court or judge) been appointed, in an action brought by X against Y, to be receiver of rents of property located in the town of _______________ and described as (describe generally, e.g., No. 93 Maple Street):

Now, therefore, if said A shall well and truly perform his or her duties under such appointment, then this obligation shall be void, otherwise in full force and effect.