CPLR 2501 — Legislation
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ARTICLE 25
Undertakings
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SECTION 2502
Surety; form of affidavit; two or more undertakings; condition; acknowledgment
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SECTION 2501
Undertaking; definition
Civil Practice Law & Rules (CVP) CHAPTER 8, ARTICLE 25
§ 2501. Undertaking; definition. Undertaking includes
1. Any obligation, whether or not the principal is a party thereto,
which contains a covenant by a surety to pay the required amount, as
specified therein, if any required condition, as specified therein or as
provided in subdivision (c) section 2502, is not fulfilled; and
2. any deposit, made subject to the required condition, of the
required amount in legal tender of the United States or in face value of
unregistered bonds of the United States or of the state.