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2006 SESSION

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HB 1490 Secured or unsecured bonds; time within which default is recorded.

Introduced by: Onzlee Ware | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Secure bonds; time within which default is recorded; remittance; power of attorney to be filed with Department of Criminal Justice Services.  Provides that only the actual value of real estate or personal property be used to determine solvency for posting a bond. The bill extends from 60 to 150 days the time period before which a default is recorded, and extends the time for remittance of a default from one to two years. The bill also requires that any power of attorney executed creating an agent to execute a bail bond be filed with the Department of Criminal Justice Services.


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