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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 ...
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 ...
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.
The Georgia Department of Corrections operates prisons, transitional centers, probation detention centers, and substance use disorder treatment facilities. In addition, state inmates are also housed at private and county correctional facilities.
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Series EE bonds issued from November through April 2025 earn a rate of 2.60 percent, while Series I bonds issued during the same period pay a higher 3.11 percent yield, which will fluctuate ...
A general obligation bond is a common type of municipal bond in the United States that is secured by a state or local government's pledge to use legally-available resources, including tax revenues, to repay bondholders.