Penal Bond Form L-9 In Wake

Category:

Criminal - Bail

State:

Multi-State

County:

Wake

Control #:

US-00006DR

Format:

Instant download

Description

The Penal Bond Form L-9 in Wake is a critical legal instrument designed for use in bail bond agreements. This form outlines the obligations of the applicant, the bail bonding company, and the surety, including payment of premiums, indemnity clauses, and conditions for release. Key features include provisions for attorney's fees, responsibilities for securing the defendant's return, and stipulations on collateral held by the bonding company. It requires the applicant to accurately provide personal details and acknowledge all statements made in the bail documents as truthful. Users need to fill out specific sections including the penal amount, applicant details, and conditions of agreement. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who facilitate bail processes and must ensure compliance with legal obligations. Comprehensive understanding of the form assists these professionals in advising clients accurately and effectively managing bail bond arrangements.

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FAQ

Is Everyone Eligible for a Surety Bond? No, not everyone is eligible for a surety bond. Being eligible for a surety bond typically depends upon two important things: whether claims have been made against your past bonds and your credit history.

State bond form L-9 is officially titled the “Bond in Support of Application for License or Permit Under the New York Alcoholic Beverage Control Law” but is more commonly known as the “alcohol license bond” or “liquor license bond.” These bonds require licensed liquor businesses to operate ing to the Alcoholic ...

To obtain a surety bond for a liquor license, it will be necessary to go online and find a surety company that issues liquor bonds for your state. NFP is authorized to sell bonds in all 50 states so we are an excellent choice. We are also the largest and most trusted surety company in the country.

A surety bond application is a form required by the surety carrier. It provides the basic information needed about the bond and the principal for the approval process. It also often serves as the legal contract between the surety carrier and the principal.

Mail the application to: New York State Liquor Authority. 80 S. Swan St, Suite 900. Albany, NY 12210-8002.

The bond form is a legal document and must be accepted by all parties to the agreement. The bond form states the terms that the principal must adhere to. A commercial bond form will usually state the general terms of the bond and may also reference corresponding legal statutes.