corporate surety shall file a statement setting forth the existence or
non-existence of an indemnitor or indemnitors. If an indemnitor is
obtained, the corporate surety shall certify in writing that all the
responsibilities of indemnity have been explained to the indemnitor
and that the indemnitor has acknowledged understanding of those
obligations. Among the matters explained shall be:
12/1/2025 Chapter III - 13
LOCAL RULES – CENTRAL DISTRICT OF CALIFORNIA
• If a condition of the bond is breached, the bond must be
forfeited;
• The Court is not required to set aside a forfeiture; and
• The indemnitor faces liability for forfeiture, court costs,
attorney’s fees, and other matters related to the indemnity.
If an alternate method of posting bond is provided, the corporate
surety also shall certify it has advised the indemnitor that such an
alternative is available and that the indemnitor desires to proceed with
a corporate surety, knowing of the alternate method of posting bond.
