Dissolution Bond Law and Legal Definition

Dissolution bond is a bond given by the defendant in an action in which property has been attached, for the purpose of obtaining an entire dissolution of the attachment, the condition of the bond being that the defendant will perform or satisfy whatever judgment is obtained against him/her in the action.

If the defendant in execution gives dissolution bond in a garnishment proceedings, such a bond changes the parties by changing the issue from one between the plaintiff and the garnishee, to an issue between the plaintiff and the defendant. [Rainey v. Eatonton Co-op. Creamery, Inc., 69 Ga. App. 547 (Ga. Ct. App. 1943)]