Loading chat...

MS SB2737

Bill

Status

Failed

2/3/2026

Primary Sponsor

Brice Wiggins

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Extends appeal bond requirements to nonmonetary judgments, allowing courts to set bond amounts based on estimated monetary injury that would occur during the appeal process
  • Requires an evidentiary hearing where the movant must prove estimated monetary injury by a preponderance of the evidence before a bond can be set for nonmonetary judgments
  • Caps appeal bonds for both monetary and nonmonetary judgments at 50% of the appellant's net worth, with an absolute maximum of $35 million
  • Preserves existing protections allowing courts to require higher bonds (up to the full judgment amount) if an appellee proves the appellant is dissipating assets to avoid payment
  • Takes effect July 1, 2026

Legislative Description

Appeal bond for nonmonetary judgment; authorize for estimated monetary injury that would be incurred following a hearing.

Last Action

Died In Committee

2/3/2026

Committee Referrals

Judiciary, Division A1/19/2026

Full Bill Text

No bill text available