SENATOR Jacobson

To amend sections 2505.09 and 2505.16 of the Revised

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Code to specify a maximum allowable amount for a

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supersedeas bond to obtain a stay of execution

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during an appeal.

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BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO:

Section 1. That sections 2505.09 and 2505.16 of the Revised	5
Code be amended to read as follows:	6

Sec. 2505.09.  Except as provided in section 2505.11 or	7
2505.12 or another section of the Revised Code or in applicable	8
rules governing courts, an appeal does not operate as a stay of	9
execution until a stay of execution has been obtained pursuant to	10
the Rules of Appellate Procedure or in another applicable manner,	11
and a supersedeas bond is executed by the appellant to the	12
appellee, with sufficient sureties and in sucha sum,that is not	13
less than, if applicable, the amount of the final order, judgment,	14
or decree and interest involved, and not more than fifty million	15
dollars excluding interest and costs, as is directed by the court	16
that rendered the final order, judgment, or decree that is sought	17
to be superseded or by the court to which the appeal is taken.	18
SuchThat bond shall be conditioned as provided in section 2505.14	19
of the Revised Code.	20

Sec. 2505.16.  When a surety upon a supersedeas bond has	21
removed frommoved out of the state or is not sufficient, or when	22
if the bond is insufficient in form or amount, on motion, the	23
appellate court may order its change or renewal, or that a new	24
supersedeas bond be given, with security to be approved by the	25
court and in an amount to be determined with the limitations	26
specified in section 2505.09 of the Revised Code. If suchthat	27
order is not complied with, the stay of execution shall cease to	28
operate.	29

Section 2. That existing sections 2505.09 and 2505.16 of the	30
Revised Code are hereby repealed.	31