Superior Court of the Virgin Islands
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Rules Governing the
Superior Court of the Virgin Islands

Rule 110. Bond

The court may require any person who shall be adjudged guilty or convicted of an offense or against whom a judgment has been rendered to give a cash bond or bond with good and sufficient sureties in such form as the court shall order, to secure the payment of any sum awarded by the court.

CASE ANNOTATIONS

Cash bond

Terr. Ct. R. 110, applicable to divorce proceeding, provides that court may require any person against whom a judgment has been rendered to give a cash bond or bond with good and sufficient sureties in such form as the court shall order, to secure the payment of any sum awarded by the court; applying the wording of this rule, "cash" means the deposit of actual cash or its equivalent in a form approved by the court (e.g.- certified check, currency, money order). Prosser v. Prosser, Terr. Ct. St. C. 1995, 33 V.I. 32.

Where trial court granted stay of conditioned upon posting of a cash bond, filing copies of the stock certificates and posting a personal uncertified check did not satisfy the property bond and even if appellant had posted the original certificates, he would not have satisfied the court's requirement without also posting fully executed stock pledges because there was no assurance that the market value of such a publicly traded stock would be sufficient to satisfy the sum required if the appeal failed. Prosser v. Prosser, Terr. Ct. St. C. 1995, 33 V.I. 32.

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