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Surety bond: By a surety bond, a third party agrees to be responsible for the debt or obligation of the defendant. In many jurisdictions this service is provided commercially by a bail bondsman , where the agent will receive 10% of the bail amount up front and will keep that amount regardless of whether the defendant appears in court.
A bail bondsman, bail bond agent or bond dealer is any person, agency or corporation that will act as a surety and pledge money or property as bail for the appearance of a defendant in court. Bail bond agents are almost exclusively found in the United States because the practice of bail bonding is illegal in most other countries.
Construction of the Pentagon, 1942.. The Miller Act (ch. 642, Sec. 1-3, 49 stat. 793,794, codified as amended in Title 40 of the United States Code) [1] requires prime contractors on some government construction contracts to post bonds guaranteeing both the performance of their contractual duties and the payment of their subcontractors and material suppliers.
A bounty hunter is a private agent working for a bail bondsman who captures fugitives or criminals for a commission or bounty.The occupation, officially known as a bail enforcement agent or fugitive recovery agent, has traditionally operated outside the legal constraints that govern police officers and other agents of the state.
A surety bond is defined as a contract among at least three parties: [1] the obligee: the party who is the recipient of an obligation; the principal: the primary party who will perform the contractual obligation; the surety: who assures the obligee that the principal can perform the task; European surety bonds can be issued by banks and surety ...
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 ...
A judge allowed bond Thursday for a Florida sheriff's deputy who was fired and charged with manslaughter after shooting a U.S. Air Force senior airman at the Black man's apartment door. Former ...
WASHINGTON (Reuters) -U.S. law enforcement and intelligence agencies are concerned about copycat vehicle-ramming attacks following the New Year's Day attack in New Orleans by a U.S. Army veteran ...