Bondsman definition

Bondsman means (A) any person engaged in the bonding business that has satisfied the requirements for, and is duly licensed as, an insurance producer with a property and casualty line of authority as set forth by the Insurance Commissioner and §33-12-1, et seq. of this code; or (B) any person who is approved and licensed under the provisions of this article who pledges cash or approved securities with the commissioner as security for bail bonds written in connection with a judicial proceeding and receives or is promised money or other things of value for the pledge;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Bondsman means (A) any person engaged in the bonding business that has satisfied

Bondsman or “bail bondsmen” means any person:

Examples of Bondsman in a sentence

• Bail Bondsman, unless licensed by the state in which they are operating.

• The note references contained in the draft Bond shall be deleted from the engrossment of the Bond when prepared by the Bondsman.

• The Immigration Bond(s) may not be revoked or canceled except by the Bondsman and/or Company or by Immigration and Naturalization Service/Department of Homeland Security (DHS) and Immigration and Custom Enforcement (ICE).

• The Tenderer is to allow for such a sum as may be required for providing of the bond and shall specify name and address of the proposed Bondsman below.

• The Bondsman shall deposit with the clerk or magistrate 10 percent of the amount of the bond or $50, whichever is greater, at the time the bondsman makes application for a capias (the deposit is receipted in the criminal case using FAS account code 501).The deposit requirement applies only to licensed bondsmen and does not apply to a private citizen who posted cash or real estate to secure the release of a defendant.

• THE COMMON SEAL of ) [Insert name of Bondsman] ) was affixed hereto in ) the presence of.

• In the event that any litigation or other proceedings arise out of or relates to this agreement, the Bondsman and/or Company shall be entitled to reasonable attorney’s fees, cost and expenses from the Indemnitor(s).

• In the event that any litigation or other proceedings arise out of or relates to this agreement, the Bondsman and/or Company shall be entitled to reasonable attorney’s fees, cost and expenses by the Indemnitor(s).

• From the first day, an Agency Dissolution program takes effect, in which all Agents shippers and truckers, and Brokers’ Bondsman are notified of the dissolution within 24 hours.

• Subject to the Council exercising the option to take up the Bond, it is a condition precedent to any payments under the contract that the Contractor shall enter into a Bond, in either of the forms attached in Part VI, i.e. options A or B, in a sum equivalent to 10% of the Contract Price, and with a Bondsman approved by the Employer.

More Definitions of Bondsman

Bondsman means any person, who for hire or for any compensation, deposits any cash or bonds or other securities, or executes as surety or co-surety any bond for other persons;

Bondsman or “bail bondsman” means any person who is engaged in bonding business and is approved and licensed under the provisions of this rule as a professional bondsman, as defined by subsection

Bondsman means any person engaged in the bonding business who is approved and licensed under the provisions of this article who pledges cash or approved securities with the commissioner as security for bail bonds written in connection with a judicial proceeding and receives or is promised money or other things of value for the pledge;

Bondsman means registered professional sureties .

Bondsman or “bail bondsmen bondsman” means any person who is engaged in bonding business and is approved and licensed under the provisions of this rule as a professional bondsman, as defined by section 2.9 of this rule, or surety bondsman, as defined by section 2.11 of this rule.

Bondsman means any person engaged in the bonding business who is approved and