Stockton California Demand Bond

State:
Multi-State
City:
Stockton
Control #:
US-00415BG
Format:
Word; 
Rich Text
Instant download

Description

A Bond is a document with which one party promises to pay another within a specified amount of time. The term "demand" means that the principal plus any interest is due on demand by the bondholder rather than on a specific date. Bonds are used for many things, including borrowing money or guaranteeing payment of money. A bond can be given to secure performance of particular obligations, including the payment of money, or for purposes of indemnification. The validity of a "private" bond, payable upon demand, is determined by the same principles applicable to contracts generally. The purpose of the bond must not be contrary to public policy; it must be supported by a valuable consideration; and there must be a clear designation of the obligor and the obligee. A bond procured through fraud or duress may be unenforceable, but mistake on the part of the obligor as to the contents of a bond, or its legal effect, is not a defense to enforcement of the bond.

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FAQ

Stockton is known for being home to the oldest university in California, the University of The Pacific. With the low cost of living (compared to other areas in California) and being a family-friendly city, Stockton is a great place to live. Where Is Stockton?

Founded in 1849 and incorporated in 1850, the City of Stockton is one of the oldest incorporated cities in California.

Stockton The violent crime rate in Stockton is 1,397 per 100,000 people. There are approximately 34 murders, 181 rapes, 1,158 robberies, and 3,007 aggravated assaults annually in Stockton.

Crime and high cost of living are two of the biggest drawbacks to living in Sacramento. Although not as high as Stockton's crime rates, the crime rate in Sacramento is 46 percent above the national average. Violent crime is 76 percent above the national average in Sacramento.

In 2021, there were 1.13 times more Asian (Non-Hispanic) residents (65.1k people) in Stockton, CA than any other race or ethnicity. There were 57.5k White (Non-Hispanic) and 53.6k White (Hispanic) residents, the second and third most common ethnic groups. 44.9% of the people in Stockton, CA are hispanic (143k people).

Home to California's oldest university. In 1851, University of the Pacific became California's first chartered institution of higher education.

In 2018, Stockton ? whose roughly 310,000 residents were 42% Hispanic, 24% Asian, 19% non-Hispanic white and 13% black ? was the most racially diverse large city in America, ing to a U.S. News analysis based on recent census data.

Stockton is in San Joaquin County. Living in Stockton offers residents a dense suburban feel and most residents own their homes. In Stockton there are a lot of parks. Many families live in Stockton and residents tend to lean liberal.

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Stockton California Demand Bond