Montgomery Maryland Order Refunding Bond

Name: Montgomery Maryland Order Refunding Bond
Brand: US Legal Forms
Rating: 4.55 (447 reviews)

Category:

Criminal - Bail

State:

Multi-State

County:

Montgomery

Control #:

US-00867

Format:

Instant download

Description

This is an Order Refunding Bond. This is used when the Defendant feels that the bond money paid should be refunded in whole or in part to their attorney. This may be tailored to fit your aprticular needs.

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FAQ

When the court case is over, the bail money is paid back even if the accused is found guilty. Bail money will however not be paid back, if the accused does not come to court on the day of their court case, or if they break any of their bail conditions such as if they interfere with any witnesses.

Refunded bonds maintain a cash amount held aside by the original issuer of the debt to repay its principal. A refunded bond will use a sinking fund to hold in escrow the principal amount, making these bonds less risky to investors.

The decision of bond refunding involves two major questions (1) is it economically feasible to call back the outstanding bonds at the current interest and replace them with the new issue; and (2) would the expected value of the firm improve further if the bond refunding is done on a later date.

Bond refunds are only automatically issued if the case is dismissed. The defendant will need to apply for the bond refund when the case is decided and if the case has not been dismissed. The court may or may not apply the bond refund toward court fees.

Cash Bail. If you paid cash bail to the court, meaning you paid the full bail amount, you will have that money returned to you after the defendant makes all required court appearances. If the person does not show up in court, that money will be forfeited and you will not see it again.

Many of the releases signed when estate distributions are made are called "Receipt, Release and Refunding Bond". It is a legal document in which you as the heir would acknowledge receipt of a distribution, release (no claims) against the personal administrator and then agree to refund or return the money if necessary.

Generally unique to municipal securities, a refunding is the process by which an issuer refinances outstanding bonds by issuing new bonds. This may serve either to reduce the issuer's interest costs or to remove a restrictive covenant imposed by the terms of the bonds being refinanced.

Bond refunding is the concept of paying off higher-cost bonds with debt that has a lower net cost to the issuer of the bonds. This action is usually taken to reduce the financing costs of a business.

The outstanding bonds that are paid off using proceeds from the new issue are called refunded bonds. In order to retain the attraction of its debt issues to bond buyers, the issuer will generally ensure that the new issue has at least the sameif not a higherdegree of credit protection as the refunded bonds.

More info

In the opinion of Edwards Wildman Palmer LLP, Bond Counsel, based upon an analysis of existing law and assuming, among other. Bond Release or Refund Request.Home " Taxation " Business " Tax Types " Sales Use " Bond Release Request. Claims may be made in order to provide moneys in the Series 2021 Refunding Bonds Account available for the purposes thereof. Extreme Risk Protective Order - filing, service, or appeal . Filled in when the par arnount of the refunding bonds is determined. And providing for the issuance of the Refunding Bonds (the "Second Supplemental Indenture");.

Montgomery Maryland Order Refunding Bond

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