An Arizona Supersedes Bond is a type of surety bond that guarantees a court-ordered payment of damages if an appeal of a court judgment is unsuccessful. It is typically required in order to stay the execution of a judgment pending an appeal. Depending on the court system, Arizona Supersedes Bonds can be issued in two different forms: a cash bond or an appeal bond. A cash bond is a deposit of money with the court that is refunded if the judgment is upheld on appeal. An appeal bond is a surety bond purchased from a surety company. If the judgment is upheld on appeal, the surety company pays the damages awarded in the judgment.