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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 observance 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
Policy/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.