Garnishment Bond Law and Legal Definition
Garnishment bond is a bond required in obtaining a garnishment as a provisional remedy, the condition of which is that the plaintiff should pay the costs and damages which the defendant may sustain if the writ has been sued out wrongfully. It is given by the defendant to obtain a release of property reached by a garnishment, the condition of which is that the property will be forthcoming in the event judgment is rendered against the defendant in the main action.
It is otherwise known as a forthcoming or delivery bond.
