(a)     Execution by Surety Only. Whenever a bond, undertaking or stipulation is required, it shall be sufficient if the instrument is executed by the surety or sureties only.

          (b)     Security for Bond. Except as otherwise provided by law, every bond, undertaking or stipulation must be secured by: (1) the deposit of cash or government bonds in the amount of the bond, undertaking or stipulation or (2) the undertaking of a corporate surety holding a certificate of authority from the Secretary of the Treasury.

          (c)     Affidavit by Individual Surety. In the case of a bond, undertaking or stipulation executed by individual sureties, each surety shall attach an affidavit of justifications, giving the full name, occupation, residence and business addresses, and showing that the individual is qualified as an individual surety under subsection (b) of this rule.

          (d)     Persons Who May Not Act as Surety. Members of the bar, administrative officers, or employees of this court, the marshal, deputies or assistants, may not act as surety in any case, adversary proceeding, contested matter or action pending in this court.