Indiana § 27-10-2-4 Qualifications of surety

Indiana Statutes

§ 27-10-2-4 — Qualifications of surety

Indiana § 27-10-2-4

Title 27INSURANCE

Art. 10INDIANA BAIL LAW

Ch. 2General Provisions

This text of Indiana § 27-10-2-4 (Qualifications of surety) 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 § 27-10-2-4 (2026).

Text

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.

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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.