N.Y. Civil Practice Law & Rules § 2504: Waiver of undertaking; removal and change of parties

§ 2504. Waiver of undertaking; removal and change of parties. (a)

Waiver of undertaking. Unless the court orders otherwise, an undertaking

may be waived by the written consent of all parties.

(b) Removal and change of parties. The liability on an undertaking

shall remain in effect in favor of the party for whose benefit it was

given, notwithstanding a removal of the action or a change of parties.