Bond Definition Under Law In King

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

Description

The Bail Bond Agreement is a legal document that outlines the financial obligations and responsibilities of the Applicant in securing a bail bond for a Defendant. Under the law in King, a bond is a written agreement wherein the Applicant promises to indemnify the Bail Bonding Company (BBC) and associated Surety against any losses that may arise from the bond's execution. Key features of this agreement include the payment of a premium upon execution of the bond, obligations to indemnify the BBC from any liability, and cooperation with the BBC in ensuring the Defendant's compliance with court requirements. Filling instructions specify that the Applicant must provide personal details, the details of the Defendant, and the amount of the bail bond. Legal professionals, including attorneys, partners, owners, associates, paralegals, and legal assistants, can utilize this form in various scenarios, such as assisting clients in securing bail, understanding financial implications of the bond, and managing documentation related to bail applications. The agreement ensures that all parties understand their responsibilities, particularly regarding premium payments and changes in the Defendant's status.
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FAQ

In order to issue a bond on the market, it is recommended that the company have a rating from a rating agency. If it does not yet have one, the bank examines the company's credit and, based on its sector, tells the company which rating agencies would be the most appropriate.

Bond N an obligation of any kind ( Numbers Numbers Numbers ). The word means also oppression or affliction ( Psalms 1 ; Phil ). Christian love is the "bond of perfectness" ( Colossians ), and the influences of the Spirit are the "bond of peace" ( Ephesians ).

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.

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.

A bond's credit quality is usually determined by independent bond rating agencies, such as Moody's Investors Service, Inc., and Standard & Poor's Corporation (S&P). These agencies classify bonds into 2 basic categories—investment-grade and below-investment-grade—and provide detailed ratings within each.

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Bond Definition Under Law In King