undertaking requiring third-party sureties will be approved unless it bears
the names and addresses of third-party sureties and is accompanied by a
declaration by the surety stating that:
(a) The surety is a resident of the State of California;
(b) The surety who intends to deed real property as security owns the real
property within the State of California;
(c) The security posted by the surety is worth the amount specified in the
bond or undertaking, over and above just debts and liabilities; and
(d) The property, real or personal, which is to be conveyed as security, is
not exempt from execution and prejudgment attachment.
6/1/2026 Chapter I - 80
LOCAL RULES - CENTRAL DISTRICT OF CALIFORNIA
If specifically approved by the Court, real property in any other state of the
United States may be part of the surety’s undertaking.