Alaska Order Refunding Bond
Description
How to fill out Order Refunding Bond?
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FAQ
If the person released on bail on the giving or pledging of security fails to appear before a court or a judicial officer as required, the judge or magistrate judge before whom the person released was to appear shall forfeit the security.
Bail Bondsman In The State Of Alaska We have licensed bail agents throughout Alaska who are experienced with the legal system of the state. Knowledge of every jail and court in every county.
Generally unique to municipal securities, a refunding is the process by which an issuer refinances outstanding bonds by issuing new bonds. This may serve either to reduce the issuer's interest costs or to remove a restrictive covenant imposed by the terms of the bonds being refinanced.
A defendant posts bail by paying the required amount to the court. The court holds this money until the court hearing. If the defendant fails to attend a court date, they forfeit the money and may be sent back to jail. If a defendant complies with bail, the court returns their money at the end of their matter.
[A cash bond is a payment of cash to the court to make sure that the defendant attends all future court hearings and performs other conditions of the bond.] [To request private surety instead of cash (or corporate surety), use form CR-240.]
If the person makes all court appearances, and complies with all court orders and meets all conditions of the release, the bail will be returned after the case is closed. The court may order that fines be paid with bail money posted by the arrested person.
Online bail payments can be made with a VISA or MasterCard credit card or debit card. Note: You cannot pay with an American Express or Discover card. If bail is more than $97,000, the person posting bail must make more than one payment until the total amount paid equals the total of bail.
For example, an issuer that refunds a $100 million bond issue with a 10% coupon at maturity and replaces it with a new $100 million issue (refunding bond issue) with a 6% coupon, will have savings of $4 million in interest expense per annum.
