Bond Definition For Law In Collin
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A 1915 Act bond direct levy is a special assessment imposed on those real property owners within a development area. 1915 Act bonds are for public financing usually for improvements, such as streets, curbs, gutters and underground sewer and water infrastructure that generally enhance land value and give land utility.
What Is a Term Bond? Term bonds are notes issued by companies to the public or investors with scheduled maturity dates. The term of the bond is the amount of time between bond issuance and bond maturity. On the maturity date of a term bond, the bond's face value, the principal amount, must be repaid to the bondholder.
In Texas, courts follow a bond schedule that provides guidelines on bail amounts based on the nature of the offense. Nevertheless, judges and magistrates have the discretion to alter these amounts based on specific case details. Factors influencing bail determinations include: The seriousness of the offense.
For many misdemeanor crimes, bail will be based on established amounts. For other crimes, the judge will set bail at an appropriate amount for the alleged crime, keeping in mind that, under the U.S. Constitution, it's illegal to set bail excessively high to force a person to remain in jail.
A bond cannot be reduced if the prosecutor is not willing and the judge rules in their favor. However, without an attorney now, she can submit a request to the judge. It is called A Motion to Request Reduced Bond. If she is on her own, she can just write it in letter form.
What One Should Learn from This Article: Bail is set by the severity of the crimes or crimes charged, as well as one's criminal history. It can be increased on decreased by a judge upon a more individualized evaluation of the person's likelihood of returning to court and public safety danger.
Bond Ready means that the conditions have been met for the bond to be set or that the person is prepared to proceed with the bond process.
Judges typically weigh the following key factors when deciding on whether to impose bail and in what amount: Your previous criminal record; Whether you are considered a flight risk; The severity of your alleged crime; and.
