Indiana Code 7.1-3-23-37. Appeal bond
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Terms Used In Indiana Code 7.1-3-23-37
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
Sec. 37. Appeal Bond. The appeal bond filed with the commission by an applicant, or permittee, shall be a corporate bond secured by a surety company duly authorized to do business in Indiana, or by freehold sureties, shown by verification or otherwise, to be worth in unencumbered real estate located within the county of the applicant, or permittee, appealing, over and above all indebtedness, twice the amount of the bond.
[Pre-1973 Recodification Citation: 7-1-1-43.]
Formerly: Acts 1973, P.L.55, SEC.1.