Demand For Bonds In Philadelphia
Category:
State:
Multi-State
County:
Philadelphia
Control #:
US-00415BG
Format:
Word;
Rich Text
Instant download
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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Complete the lost bond redemption request form and affidavit of loss. Download the request form and affidavit.Philadelphia criminal defense attorney Lonny Fish discusses the bail process in Philly, including how bail is set and how to bail somebody out of jail. If you are having difficulty with a surety company which has bonded a defaulted contractor, you may contact the Surety Bond Branch at 3044806635. Just click here to get our Pennsylvania Performance Application. The 2020C Bonds are being issued for the purpose of providing funds to: (i) refund all of the. Bail agreements allow people the benefit of staying out of jail while they fight their case and await trial. LOL- I used to work in the muni bond market and have watched all kinds of defaults play out. Bonds) listed in the Pricing Notice.
