§ 27-10-2-16 — Deposits instead of bond

Indiana § 27-10-2-16

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 10: INDIANA BAIL LAW
• Ch. 2: General Provisions

Text

(a) When the defendant has been admitted
to bail, the defendant, or another in the defendant's behalf, may deposit
with an official authorized to take bail, a sum of money, or
nonregistered bonds of the United States, of the state, or of any county,
city, or town within the state, equal in market value to the amount of
such bail, together with the defendant's personal undertaking, and an
undertaking of such other person, if the money or bonds are deposited
by another. Upon delivery to the official in whose custody the
defendant is of a certificate of such deposit, the defendant shall be
discharged from custody in the cause.
(b) When bail other than a deposit of money or bonds has been
given, the defendant or the surety may, at any time before a breach of
the undertaking, deposit the sum mentioned in the undertaking, and
upon such deposit being made, accompanied by a new undertaking, the
original undertaking shall be cancelled.

Legislative History

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