Voluntary Bond Law and Legal Definition
A voluntary bond is a bond that is not required by a constitutional or statutory provision but is executed anyway. It is also known as Nonstatutory bond.
The following is an example of a case law referring to the term.
It is a voluntary bond when it is not demanded by any particular statute or regulation based thereon, and when it is not exacted in violation of any law or valid regulation of a department. [Moses v. United States, 166 U.S. 571, 586-587 (U.S. 1897) ].