Ask Experts Questions for FREE Help !
Ask
    rara0617's Avatar
    rara0617 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Feb 4, 2008, 12:40 PM
    Cash Assurity Bond
    What is a cash assurity bond in a criminal case? What does this mean?
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
    		  
    #2

    Feb 4, 2008, 01:02 PM
    Hello rara:

    It's a promise to pay the court the amount of the bond if the defendant doesn't show up. It costs about 10% of its face value.

    excon
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
    Uber Member
    		  
    #3

    Feb 4, 2008, 01:59 PM
    [QUOTE=excon]Hello rara:

    It's a promise to pay the court the amount of the bond if the defendant doesn't show up. It costs about 10% of its face value.



    I think you also need a bondsman (bondsperson?) - I don't think the Courts will take (and hold) an individual's money any longer.
    twinkiedooter's Avatar
    twinkiedooter Posts: 12,172, Reputation: 1054
    Uber Member
    		  
    #4

    Feb 5, 2008, 07:47 PM
    Some states still hold the money at the Clerk's office. Check your state. Ohio does.
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
    Uber Member
    		  
    #5

    Feb 5, 2008, 07:52 PM
    Quote Originally Posted by twinkiedooter
    Some states still hold the money at the Clerk's office. Check your state. Ohio does.


    I stand corrected -
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Bond Value [ 4 Answers ]

1. Midland oil has $1,000 par value bonds outstanding at 8 percent interest. The bonds will mature in 25 years. Compute the current price of the bonds if the present yield to maturity is: a. 7% b. 10% c. 13%

Amide bond (peptide bond) [ 3 Answers ]

hello ever1 I don't know much about chemistry, so hlp me with this is amide bond (peptide bond), balanced chemical equation?

View more questions Search