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MGA for Federally Authorized Surety Companies — Alaska Practice

The Alaska supersedeas bond. Stays the judgment.

Alaska supersedeas practice is governed by Alaska Appellate Rule 204 and Civil Rule 62. The bond covers the full judgment plus interest at the statutory rate plus costs, without a statutory cap. We write Alaska appeal bonds in the Alaska Supreme Court, the Alaska Court of Appeals, all four Alaska Superior Court judicial districts, and the U.S. District Court for the District of Alaska.

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Bond Penalty

Judgment + interest + costs

Statutory Cap

No cap

Filing

Trial court clerk

Turnaround

Same-day issuance

The Plain-English Version

What a Alaska appeal bond actually does.

Alaska has no statutory cap on supersedeas bonds — the bond covers the full judgment plus interest and costs. The procedural framework comes from Alaska Appellate Rule 204 (stay pending appeal) and Civil Rule 62 (stay of proceedings to enforce judgment).

The Alaska statutory interest rate (3% above the 12th Federal Reserve District discount rate) compounds during the bond term, which can be material on multi-year appeals to the Alaska Supreme Court.

The bond is filed with the trial court clerk and is approved by the trial court before execution is stayed.

Statutory Framework

The rules we underwrite to.

Two rule frameworks control: Alaska Appellate Rule 204 governs the stay procedure for appeals to the Alaska Supreme Court and the Alaska Court of Appeals; Alaska Civil Rule 62 governs the underlying stay of proceedings in the trial court. The judgment interest rate is set by AS §09.30.070.

Controlling Authorities

Alaska: Alaska R. App. P. 204 — Stay pending appeal — supersedeas bond requirements
Alaska: Alaska Civ. R. 62 — Stay of proceedings to enforce a judgment
Alaska: Alaska Stat. §09.30.070 — Rate of interest on judgments

Underwriting & Process

How a Alaska appeal bond gets issued.

Alaska supersedeas bonds are collateral-typical. Full collateral is the standard requirement; cash, irrevocable letter of credit, or U.S. Treasury securities are accepted. Real estate is not accepted.

Filing is with the trial court clerk in the Superior Court that entered the judgment. The bond must be approved by the trial court before execution is stayed.

Questions We Hear Every Week

Alaska-specific questions.

Does Alaska cap supersedeas bonds?

No. Alaska has no statutory cap. The bond covers the full judgment plus interest and costs at the statutory rate.

What's the Alaska judgment interest rate?

Per AS §09.30.070, the rate is 3% above the 12th Federal Reserve District discount rate as of the date of judgment. The rate is fixed at judgment and accrues until satisfaction.

Where do I file in Alaska?

With the Superior Court clerk in the judicial district where the judgment was entered. Alaska has four judicial districts headquartered in Anchorage, Fairbanks, Juneau, and Nome.

Can the bond cover both Alaska Supreme Court and Court of Appeals review?

Yes. A single bond properly drafted covers the full appellate path through both intermediate and supreme court review.