Indiana § 27-10-1-8 "Premium"

Indiana Statutes

§ 27-10-1-8 — "Premium"

Indiana § 27-10-1-8

Title 27INSURANCE

Art. 10INDIANA BAIL LAW

Ch. 1Definitions

This text of Indiana § 27-10-1-8 ("Premium") is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 27-10-1-8 (2026).

Text

"Premium" means:

(1)currency issued by the United States of America paid to a bail agent prior to the execution of a bail bond;

(2)a check delivered to a bail agent prior to the execution of the bail bond that must be:

(A)properly payable when delivered; and

(B)deposited in the bail agent's bank account; or

(3)a credit card transaction if the bail agent:

(A)accepts the credit card; and

(B)obtains:

(i)authorization from the credit card issuer for the amount due; and

(ii)an approval number from the credit card issuer for the credit card transaction; before the execution of the bail bond.

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"Premium" means:
(1) currency issued by the United States of America paid to a bail
agent prior to the execution of a bail bond;
(2) a check delivered to a bail agent prior to the execution of the
bail bond that must be:
(A) properly payable when delivered; and
(B) deposited in the bail agent's bank account; or
(3) a credit card transaction if the bail agent:
(A) accepts the credit card; and
(B) obtains:
(i) authorization from the credit card issuer for the amount
due; and
(ii) an approval number from the credit card issuer for the
credit card transaction;
before the execution of the bail bond.