Bond Demand And Interest Rates In Dallas
Category:
State:
Multi-State
County:
Dallas
Control #:
US-00415BG
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Word;
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Description
A Bond is a document with which one party promises to pay another within a specified amount of time. The term "demand" means that the principal plus any interest is due on demand by the bondholder rather than on a specific date. Bonds are used for many things, including borrowing money or guaranteeing payment of money. A bond can be given to secure performance of particular obligations, including the payment of money, or for purposes of indemnification. The validity of a "private" bond, payable upon demand, is determined by the same principles applicable to contracts generally. The purpose of the bond must not be contrary to public policy; it must be supported by a valuable consideration; and there must be a clear designation of the obligor and the obligee. A bond procured through fraud or duress may be unenforceable, but mistake on the part of the obligor as to the contents of a bond, or its legal effect, is not a defense to enforcement of the bond.
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Bonds: How do I post a Bond? A court order is required to post a bond.Complete a bond request form. Forms can be obtained at the District Clerk's Office. One good source for finding a bail bond agent is the "Bail Bonds" listing in the yellow pages. Just give us a call or fill out our online form. The bond program is used to provide low interest loans to the development and subsequently has a mortgage on the property. TSAHC provides 30-year fixed interest rate mortgage loans, down payment assistance grants, and mortgage credit certificates through the following programs. The interest rate on a Series I savings bond changes every 6 months, based on inflation. How do the historically low interest rates impact RISD's ability to issue bonds?
