WASHINGTON — New York Attorney General Letitia James filed a notice Thursday seeking more information about former President Donald Trump's bond in a civil fraud case filed by Knight Specialty Insurance.
KSIC is not licensed in New York, and James “takes exception to the sufficiency of the surety bond” provided to Trump without a certificate of eligibility issued to the company, James filed.
James is asking Trump's team, or KSIC, to “file a motion to justify the bond” or provide more information about the bond provided by the former president within 10 days.
Don Hankey, president of KSIC, said the $175 million bond issued Monday was fully covered by money from Trump's company.
Neither KSIC nor Trump's attorneys immediately responded to NBC News' request for comment Thursday night. The New York Attorney General's Office did not immediately respond to a request for further comment.
NBC News previously reported Hankey was in talks with the Trump Organization to post a $557 million bond when a state appeals court ruled on March 25 that the bond would be reduced to $175 million.
“He looks forward to vindicating his rights on appeal and overturning this unfair ruling,” Trump's attorney, Alina Hubba, said Monday when the bond was posted.
In February, Trump's team appealed a $464 million civil fraud judgment against him and his company. If his appeal fails, he could be liable for the full amount awarded by Judge Arthur Engoron's order entered in February.
A bond hearing for the civil fraud trial is scheduled for April 22.
