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Can Appeal Bonds be Changed or Canceled? - Court Surety

Can Appeal Bonds be Changed or Canceled? - Court Surety 2026

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The document is a Surety Bond for Second Division Motor Vehicles registered in Illinois, outlining the obligations of the principal and surety to pay fees, penalties, and interest related to the operation of these vehicles as mandated by the Illinois Motor Vehicle Act. It specifies the bond amount, conditions under which the bond is valid, and includes a schedule for vehicle details.

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Click ‘Get Form’ to open it in the editor.
Begin by entering the Surety Bond number in the designated field at the top of the form.
Fill in your name and address as the principal, ensuring all details are accurate for legal purposes.
Next, provide the surety's name and address. This is crucial as it identifies who is backing the bond.
Specify the penal sum amount in dollars, which represents your financial obligation under this bond.
Complete the date fields indicating when this obligation is executed, including day, month, and year.
Ensure that all signatures are provided where indicated, including those of partners or corporate officers if applicable.
Finally, attach any required documents such as a power of attorney form before submitting your completed bond.

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Versions	Form popularity	Fillable & printable
2022	4.9 Satisfied (49 Votes)
2017	4.8 Satisfied (200 Votes)
2011	4.3 Satisfied (156 Votes)

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Can bonds be terminated?

(b) However, the bond shall not be terminated until all outstanding liability under it has been discharged. Upon termination, the appropriate TTB officer shall mark the bond canceled, followed by the date of cancellation, and shall issue a notice of termination of bond.

Do you lose your money if your bond is revoked?

When bail is revoked, the defendant is taken back into custody and may face additional consequences. They may lose the bail amount paid, and any co-signer or bail bond company could be financially impacted as well.

How does bond work in South Dakota?

Bail bondsmans are individuals who are registered with the South Dakota Department of Insurance, and they can pledge cash or surety on behalf of a defendant. If you hire a bondsman, you will pay a certain amount of your total bail amount in exchange for the rest of your bail.

What happens when a bond is cancelled?

When a bond is cancelled without the required 90-day notice period, banks impose an early termination fee, which compensates them for the interest they would have earned during the notice period.

Can a surety bond be cancelled?

Some surety bonds can be canceled before the end of the bond term once the risk covered by the surety no longer exists. In such cases, the earned premium is usually pro-rated, meaning its based on the amount of time the bond has been in effect prior to cancellation.

Are surety bonds refundable?

In most cases, the answer is no. Unlike a deposit or collateral, a surety bond premium is a non-refundable fee paid for the service of having a third-party (the surety) vouch for you. However, under certain conditionssuch as early cancellation or duplicate bond coverageyou may be eligible for a partial refund.

What is the penalty for cancelling a bond?

If you gave notice and your bond is cancelled within 90 days from the notice, you will be charged up to a maximum of 90 days interest calculated on your outstanding balance, depending on the number of days remaining.

What happens if a bond is cancelled?

If the court revokes a bond, a few things happen. Firstly, the court will issue a bench warrant for the defendants arrest. Police will arrest the defendant and return them to custody. Depending on the circumstances, the defendant may face further charges for crime(s) committed on bail.

Can Appeal Bonds be Changed or Canceled? - Court Surety 2026

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