(735 ILCS 5/4-216) (from Ch. 110, par. 4-216)
Sec. 4-216.
Bonding vessel.
The owner, his or her agent or attorney,
or any other person interested in such water craft, desiring the return
of the property attached, having first given notice to the plaintiff, his
or her agent or attorney, of his or her intention to bond the same, may,
at any time before judgment, file with the court in which the action is
pending, a bond to the parties, having previously filed a complaint or intervening
petition against such craft, in a penalty at least double the aggregate
of all sums alleged to be due the several plaintiffs or intervening petitioners,
with security to be approved by the court, conditioned that the obligors
will pay all moneys adjudged to be due such claimants, with costs of the action.
(Source: P.A. 82-280.)
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