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Ind. Code § 27-10-2-4

Qualifications of surety

Applied in 1 court decision — leading case The Bail Project, Inc. v. Commissioner, Indiana Department of Insurance (2023)

Most recently applied in The Bail Project, Inc. v. Commissioner, Indiana Department of Insurance (August 2023)

As added by P.L.261-1985, SEC.1

Sec. 4. Every surety for the release of a person on bail shall be qualified as:

(1) an insurer as defined and meeting the qualifications prescribed in IC 27-1-5-1, and represented by a bail agent as defined in and meeting the qualifications prescribed in this article; or

(2) a person who:

(A) has reached the age of eighteen (18) years;

(B) is a citizen of the United States;

(C) has been a bona fide resident of Indiana for at least one (1) year immediately preceding the execution of the bond;

(D) is related to the person for whom release on bail is sought within the third degree of affinity; and

(E) owns real or tangible personal property in Indiana with a net asset value that is acceptable to the proper authority approving the bond.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.