South Carolina Bond Proceeding — Form II is a form used by the South Carolina Department of Insurance to process bond transactions. It is used when a bond is issued in the state and requires the bondholder to provide certain information such as the name of the entity issuing the bond, the purpose of the bond, and the payment terms. This form must be completed and filed with the South Carolina Department of Insurance prior to the bond being issued. There are three types of South Carolina Bond Proceedings — Form II: 1) Permit Bond, 2) Performance Bond, and 3) Surety Bond. The Permit Bond is used to guarantee that a certain condition or requirement is met before a permit is issued. The Performance Bond is used to guarantee that a contractor will perform in accordance with the terms of a contract. The Surety Bond is used to guarantee that a third party will fulfill its obligations in the event of a breach of contract.
South Carolina Bond Proceeding - Form II
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FAQ
A payment plan for a bail bond is an agreement between you and the bond company that allows you to pay back the cost of the bond over time instead of all at once. This helps make bail more affordable for those who cannot come up with the total amount right away.
This is a condition of every bond in SC unless the Court makes a specific finding otherwise ? if you are charged with a crime, even if it is a minor offense in the magistrate or municipal court, you are prohibited from leaving the state unless you first get consent from the court.
A bond hearing, sometimes referred to as a bail hearing, is usually the first thing that happens after a person is arrested in South Carolina. After the person is booked at the jail, then a bond judge will hear the case and determine whether to let the charged person out, and if so, under what conditions (making bail).
If the defendant or their loved ones can pay the full amount of bail, they can do so at the court or the jail where the defendant is being held. If the defendant is unable to pay the full amount of bail, they may need to work with a bail bondsman to secure a surety bond.
Cash (if paid in person) Money order (Western Union accepts debit or credit cards) Cashier's check or certified check (no personal checks) Checks from a county, state or federal law enforcement or correctional agency.
How does bail bonds work in South Carolina? A bond court judge sets the defendant's bail amount. A South Carolina bail bondsman posts the bond once the 10% premium is paid by the co-signor. If the defendant doesn't appear in court the co-signor owes the bondsman 100% of the bond.
Bond revocation is at the discretion of the court. The prosecutor or the bonds person is normally the person who files for the bond revocation where a hearing is scheduled before the court. Typically, you have the right to a hearing on the issues and you can have a lawyer represent you and assert a defense.
Bail bonds fees are regulated by the State Government. In South Carolina, the maximum fee a bondsman can charge is 15% (with a minimum of $25) but because of competition, you should expect to pay about 10% of the total bond amount no matter which bondsman you choose.