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.
The Law Department assists local and out-of-state custodial parents in establishing an order of support from non-custodial parents. This document served as the United States' first constitution.There are 63 clauses in Magna Carta. For the main part, the clauses do not deal with legal principles but instead relate to the regulation of feudal customs. Summary of S.4973 - 118th Congress (2023-2024): No Kings Act. Dr. Martin Luther King Jr. (January 15, 1929 - April 4, 1968) was arrested in Birmingham, Alabama for leading nonviolent demonstrations against segregation.