Final answer:
The licensee wishing to appeal a decision must pay the appeal bond. This bond ensures the appellant is financially committed to the appeal, protects the original party's interests, and secures payment of the judgment if the appeal fails.
Step-by-step explanation:
The licensee who wishes to appeal a decision is typically responsible for paying the appeal bond. The appeal bond, also known as a supersedeas bond, is a type of surety bond that a court requires from an appellant who wants to delay payment of a judgment or sentence until the appeal is over. The purpose of the bond is to protect the original party from loss and ensure that the funds will be available if the appeal is unsuccessful. The cost of the bond can vary depending on multiple factors, including the amount of the original judgment and the jurisdiction in which the case is being appealed.
The appeal bond is meant to discourage frivolous appeals and guarantee that the appellant engages in the appeal process with some level of financial commitment. If the licensee decides to proceed with the appeal process, they usually need to work with a bail agent or a surety company to post the bond. Should the appellant lose the appeal, the bond can be used to satisfy the judgment or penalties assessed against the licensee.