New Laws
Jan. 7, 2015
AB 1856: Post deposit in lieu of an appeal bond
California permits a defendant to stay enforcement of a money judgment pending appeal by posting a deposit in lieu of an appeal bond. But the statutes that outline how to make such deposits were written long ago.
California permits a defendant to stay enforcement of a money judgment pending appeal by posting a deposit in lieu of an appeal bond. But the statutes that outline how to make such deposits were written long ago. An amendment to the statutes brings the deposit procedure in line with modern banking and investment practices.
Assembly Bill 1856 makes several important changes that will facilitate the use of a deposit in lieu of an appeal b...
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