Bond Definition In Law In Collin

Category:
State:
Multi-State
County:
Collin
Control #:
US-00006DR
Format:
Word; 
Rich Text
Instant download

Description

The Bail Bond Agreement serves as a legally binding document outlining the conditions under which a bail bond is executed for a defendant in Collin. A bond is defined in law as a written promise backed by collateral, ensuring the court's assurance that the defendant will appear as required. Key features of this form include the stipulation of premium payments, indemnification clauses that protect the bail bonding company (BBC) and surety from liabilities, and responsibilities for the applicant. Users are required to fill in personal details such as names, addresses, and the amount of bail, ensuring clarity in the contractual relationship. This agreement is crucial for attorneys, partners, owners, associates, paralegals, and legal assistants involved in the criminal justice process. They can utilize this form to facilitate the release of defendants, manage financial risks, and ensure compliance with court requirements. Proper filling and editing are imperative to avoid potential legal issues, making this a vital tool for those in legal professions in Collin.
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FAQ

1. : the formation of a close relationship (as between a mother and child or between a person and an animal) especially through frequent or constant association. 2. : the attaching of a material (such as porcelain) to a tooth surface especially for cosmetic purposes.

Bond noun (CONNECTION) a close connection joining two or more people: close bond There has been a close bond between them ever since she saved him from drowning. family bond In societies with strong family bonds (= relationships), people tend to live longer.

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.

Noun. something that binds, fastens, or holds together, such as a chain or rope. often plural something that brings or holds people together; tie. a bond of friendship. plural something that restrains or imprisons; captivity or imprisonment.

The slang term, interjection and phrase “Word is bond” is a statement, which originated in New York and is used by rappers to reference telling the truth and facts. Word is Bond means what you're saying is true, correct or facts. You are bound by your word. Word is Bond is the shortened version of "My word is my bond".

A surety bond is defined as a contract among at least three parties: the obligee: the party who is the recipient of an obligation. the principal: the primary party who will perform the contractual obligation. the surety: who assures the obligee that the principal will perform the task.

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.

For instance, a California judge might post bail at $50,000, letting the defendant secure their release for just $5,000. However, judges may not grant bail in some situations. When this happens, it can result in a “no bond” situation.

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.

The arrestee's attorney will schedule the hearing and argue their case. Alternatively, a bail bond hearing in California may refer to when a bail bond company contacts the court and requests changes to the bail amount. This is extremely common as it helps defendants get the fairest bail possible.

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Bond Definition In Law In Collin