Legal Question in Family Law in Rhode Island
What is the purpose of a universal appointment bond?
Asked on 11/06/09, 6:54 pm
1 Answer from Attorneys
Staff General Counsel
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To ensure that the person appointed to a position of trust fulfills his or her obligations honestly and well.
A party injured by a failure of the appointed person to do fulfill his or her obligations honestly and well would be able to make a claim against the issuer of the bond for up to the limit of the bond, subject to all of the terms and conditions specified in the bond.
Answered on 11/11/09, 7:15 pm