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§ 34-49-5-3 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 34 - Civil Law and Procedure/
  5. Article 49 - Bonds/
  6. Chapter 5 - Appeal Bonds34-49-5-1. Appeal Bonds Governed by Ic 34-56-2/
  7. § 34-49-5-3
Indiana Legal Code

§ 34-49-5-3

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(a) An appeal bond that an appellant must post to stay execution on a judgment while an appeal is pending may not exceed twenty-five million dollars ($25,000,000) regardless of the total amount of the judgment.(b) Notwithstanding subsection (a), if an appellee proves by a preponderance of the evidence that an appellant is dissipating assets outside the ordinary course of business to avoid payment of a judgment, 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 total amount of the judgment.As added by P.L.46-2002, SEC.1.