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Rule 698. Applicant's Bond
TEXT
No writ of sequestration shall issue until the party applying therefor has filed with the officer authorized to issue such writ a bond payable to the defendant for a sum not less than double the value of the property to be sequestered as stated in his affidavit, with two or more good sureties to be approved by such officer, conditioned for the payment of all damages and costs in such suit in case it shall be decided that such sequestration was wrongfully issued.
Source: Art. 6843, unchanged.
For context only: Art. 6844. On Claim Not Due. When any person has a mortgage or lien upon personal property of any description, and makes affidavit and gives bond as required by law, the writ of sequestration may issue, although the right of action upon such mortgage or lien has not accrued. The same proceeding shall be had thereon as in other cases of sequestration, except that no final judgment shall be rendered against the defendant until such right shall have accrued.
Oct. 29, 1940, eff. Sept. 1, 1941.
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