Appeal from judgment enjoining Commissioner or dismissing action to enjoin; bond. An appeal from a judgment enjoining the Commissioner from further proceedings and directing him to surrender the business, property and assets to the association does not operate as a stay of the judgment, unless the trial court in its discretion so orders. If an appeal from the judgment is taken by the Commissioner no bond need be given. If the judgment dismisses the action an appeal therefrom does not operate as a stay of the judgment but the court rendering such judgment may, in its discretion, enjoin the Commissioner, pending the appeal, from further proceedings and direct him, pending the appeal, to surrender such business, property and assets to the association, if a bond is given in an amount not less than 10 percent of the cash on hand or on deposit.
Last modified: February 26, 2006