Bail Bonds Louisiana

Bail Bonds Louisiana Questions And Answers Verified Acquit - to set free:to judicially discharge from an acquisition;to clear (a person) of a criminal charge Bail Enforcement - the apprehension or surrender of a principal by a natural person who is released on bail or who has failed to appear at and state of the proceedings to answer to the charge before the court, in which he may be prosecuted obligor - the party who owes the duty or debt; principal; in bail,the defendant Appearance bond - the range of a criminal defendant's bond Types of criminal defendant bonds - Bail Bonds Appeal Bonds Supersedes Bonds Habeas Corpus Bonds Extradition Bonds Civil Contempt Bonds Ne Exeat Bonds Secured Personal Surety - personal surety who meets all the qualifications of law and specifically, mortages, immovable property located in the state of Louisiana The Surety - the individual/company who pledges to fulfill the obligation if the obligor defaults, or in lieu thereof, to pay a specified sum of money. The sum is called the face amount of the bond. Formal Contract - A contract made binding by the oberservance of required formalities regardless of the giving of consideration; specifically a contract the is a contract underseal, a recognizance, a letter of credit, or negotiable instruments Poilcy/certificate - any contract of insurance, indemnity, medical, health or hospital service, suretyship, or annuity issued, proposed for issuance, or intended for issuance by any insurer Insurance - Companies and their producers are regulated by the Insurance Commissioner and his staff in the DOI; an of the lines of authority specified in RS 22:1547 Bail - Monetary or other form of security to insure the appearance of the defendant at every stage of the criminal proceedings; any type of pretrial release Probable Cause - Facts sufficient to cause a person of reasonable caution to believe a crime has been committed and if applicable that a specific person has committed the crime 2 types of personal surety - Unsecured and Secured Voluntarily Surrender - personal appearance without confinement by a law enforcement officer or bail recovery agent Surety - One who undertakes to pay money or perform some act if the principal fails to pay or perform Producer - A person required to be licensed under the laws of this state to sell, solicit, or negotiate insurance, and includes all persons or business entities otherwise referred to in the La. Insurance code False Swearing - when a person tells a lie under oath,and it is put in writing and sworn before a notary or other such official Waiver - implies giving up of a known right Offer & Acceptance - one party must take a proposition to the other and the other must accept the proposal Competent Parties - sometimes referred to as "sui juris" parties The parties must be legal age and in no way mentally impaired Breach of Contract - One party's failure to perform some act, which be contractually agreed to do. In addition the aggrieved party may ask for monetary damages under a suit Unilateral Contract - A contract in which only one party is obligated to perform. Compare to bilateral contracts Contract - an agreement between 2 or more persons which is legally binding Informal Contract - Any contract that is not formal contract. Also called simple contract Bilateral Contract - A contract in which both parties have promised to perform. Compare to unilateral contract Implied Contract - a contract that infers to exist from the words and conducts of the parties Appearance Bond - in a criminal proceeding, guarantees that the defendant will appear in court each and every time he is ordered to do so until the case is disposed of by the court Exonerate - to remover a burden or release from a duty. To free from responsibility Jump bail - leaving the jurisdiction or any other act by a defendant to avoid a court appearance after a bail bond has been posted Judgment - the decision of a court. In cases of forfeiture, the judgment is the court's order for the surety to pay Bail Bond Regulatory Board - a 7 member board appointed by the Insurance Commissioner to assist the Dept. Of Ins. in the regulation of the bail industry Bail Bondsman - a limited surety agent or professional bondsman, as hereinafter defined Co-sureties - 2 or more sureties to the same obligation Department - in this course, The Dept of Ins Liability - In surety, an obligation, which must be preformed or otherwise fulfilled. The face amount of a bond. Indemnify - to secure against loss; to insure; to hold harmless Indemnitor - One who indemnifies Defendant - one who must defend himself in some action of law. In criminal proceedings, the accused. In criminal surety bonds, the principal Collateralize - to make secure with collateral Misrepresentation - False statement made during the period of inducement to sign a contract Build-Up-Fund (BUF) - A fund which is held in trust for the limited surety agent by the surety company and into which a portion of all bond premiums are paid. This fund is normally used to indemnify the company from losses, which might be caused by the agent Extradite - to surrender or deliver (a fugitive) to another jurisdiction Contempt of Court - an act or omission tending to obstruct or interfere with the orderly administration of justice or to impair the dignity of the court or respect for its authority A court possesses inherently all powers necessary for the exercise of its jurisdiction and the enforcement of its lawful orders. A court has the power to punish for contempt - Courts have the jurisdiction and powers over criminal proceedings that are conferred upon them by the constitution and statues of this state - 5 elements of Fraud - 1. False Statement 2. The party who makes the statement must know its untrue 3.He must intend that the other party will believe falsehood 4. The other par