§ 28-21-25 — Limitation on bond requirements in litigation

1. In civil litigation under any legal theory, the supersedeas bond to be furnished to stay
the execution of the judgment during the entire course of appellate review must be set
in accordance with applicable laws or court rules, except that the total supersedeas
bond that is required of all appellants collectively may not exceed twenty-five million
dollars, regardless of the amount of the judgment.
2. Notwithstanding subsection 1, if an appellee proves by a preponderance of the
evidence that an appellant is dissipating assets outside the ordinary course of
business to avoid payment of a judgment, a court may require the appellant to post a
supersedeas bond in an amount up to the total amount of the judgment.