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A federal judge on Friday temporarily blocked part of a Georgia law that restricts organizations from helping people pay bail so they can be released while their criminal cases are pending. U.S ...
Court-ordered cash bonds require the total amount of bail to be posted in cash. The court holds this money until the case is concluded. Cash bonds are typically ordered by the Court for the following reasons: when the Court believes the defendant is a flight risk, when the Court issues a warrant for unpaid fines, and when a defendant has failed ...
Georgia, once a self-proclaimed leader in criminal justice reform, is sliding a little further toward its old lock-'em-up ways. State senators voted 30-17 on Thursday to require cash bail for 30 ...
The Bail Project, a national nonprofit that aids thousands of low-income people behind bars, said Monday it is reopening its Atlanta branch after a judge temporarily blocked part of a Georgia law ...
Bond agents generally charge a fee of 10% for a state charge and 15% for a federal charge, with a minimum of $100 in such states as Florida, required in order to post a bond for the full amount of the bail. [13] This fee is not refundable and represents the bond agent's compensation for services rendered. [14]
That perception could thus potentially allow a local government to borrow at a lower interest rate, saving its taxpayers' money over the life of the bonds. Despite that advantage, many states, such as California under Proposition 13 , do not allow local governments to issue unlimited-tax general obligation debt without a public vote .
A bill to require cash bail for 30 additional crimes is headed to Georgia Gov. Brian Kemp's desk after the House gave it final approval. The GOP-dominated House voted 97-69 for Senate Bill 63 on ...
The day count is also used to quantify periods of time when discounting a cash-flow to its present value. When a security such as a bond is sold between interest payment dates, the seller is eligible to some fraction of the coupon amount. The day count convention is used in many other formulas in financial mathematics as well.