The term ‘court bonds’ is the general term referring to bonds like judicial and probate bonds. These are bonds you need in the case of actions taken via the courts such as being tasked with administering an estate. You need this to ensure you can fulfill a task or minimize financial loss related to the task which becomes your obligation as appointed by the court.

When the principal—a trustee or executor—does not fulfil his or her duty, the bond can cover any loss suffered by the estate.

Required of a plaintiff or defendant in judicial proceedings to reserve the rights of the opposing litigant or other interested parties. Court bonds include appeal bonds, supersedeas bonds, attachment bonds, and injunction bonds.

Required of those who administer a trust under court supervision. Typical such bonds are executor and administrator bonds, trustee bonds, guardian bonds, and conservator bonds.

Required by statute for certain holders of public office, to protect the public from malfeasance by an official or from an official’s failure to faithfully perform duties. Public official bonds included county clerk bonds, tax collector bonds, notary bonds, and treasurer bonds.