Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Winning move for investment into equity MF: Go for funds with lower probability of loss if you are a conservative investor
    • Bitcoin’s Flash Crash Over Weekend Prompts Analyst To Sound Warning on BTC ETFs: Continuous Liquidity Essential To ‘Prudent Risk Management’ – iShares Bitcoin Trust (NASDAQ:IBIT)
    • Buying gold every year on Diwali is like an SIP: Don’t overinvest and stick to asset allocation
    • Crypto’s Weekend Wipeout Exposes a Glaring Flaw in Wall Street’s Bitcoin ETFs
    • Family Homes Funds, TETFund, & Private Investors Champion National PPP Initiative Under Renewed Hope
    • Live updates: Trump administration latest as government shutdown drags on
    • Retiring in Spain? Property could be your best investment. « Euro Weekly News
    • Prediction: These Relentless ETFs Will Beat the S&P 500 Again in 2026
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Bonds»Error in bail bonds case says SD Supreme Court
    Bonds

    Error in bail bonds case says SD Supreme Court

    July 25, 2024


    Supreme Court of SD symbol on glass door in Pierre

    Supreme Court of SD symbol on glass door in Pierre

    PIERRE, S.D. (KELO) — A circuit judge erred when she ordered the forfeiture of bail bonds posted for two criminal defendants in Lincoln County, according to the South Dakota Supreme Court.

    In a decision publicly released on Thursday, the state’s high court said Dakota Bail Bonds shouldn’t have been penalized by Circuit Judge Rachel Rasmussen.


    The judge found that defendants Mark Wendland and Christopher Carr had violated conditions of their release without good cause, a violation of state law that allowed for the forfeiture of their bonds. A related state law allowed for setting aside the forfeiture, but the judge directed that their bonds be forfeited.

    Justice Scott Myren wrote the Supreme Court’s unanimous opinion. He said a bail bond is “widely understood” that it’s only to guarantee a defendant’s appearance in court. Wendland and Carr did appear in court.

    The Supreme Court ordered that the judge’s forfeiture decisions be reversed.

    “DBB’s surety agreement was a contract with the court to pay the specified dollar amount should the defendants fail to appear,” Justice Myren wrote. “Although the defendants violated other conditions of their release, neither of the defendants failed to appear in court. Instead, the defendants’ violations were all related to conditions of release that were not guaranteed by DBB’s surety.”

    He continued, “In the absence of a failure to appear, there was no violation of the sole condition DBB guaranteed. Therefore, under SDCL 23A-43-22, the circuit court should have directed that the forfeiture of DBB’s appearance bond be set aside. Consequently, the circuit court erred when it instead entered a judgment of default against DBB.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Indonesian Government Issues USD1.85 Billion and EUR600 Million in Global Bonds

    October 11, 2025

    Sovereign Bonds: Planting for Growth, Reaping Stability

    October 11, 2025

    Municipal Bonds Should Continue To Rise In Q4

    October 11, 2025
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    Bitcoin’s Flash Crash Over Weekend Prompts Analyst To Sound Warning on BTC ETFs: Continuous Liquidity Essential To ‘Prudent Risk Management’ – iShares Bitcoin Trust (NASDAQ:IBIT)

    October 12, 2025

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    Winning move for investment into equity MF: Go for funds with lower probability of loss if you are a conservative investor

    October 13, 2025

    It has been a challenging year for equity mutual funds. Despite their inherent advantage of…

    Bitcoin’s Flash Crash Over Weekend Prompts Analyst To Sound Warning on BTC ETFs: Continuous Liquidity Essential To ‘Prudent Risk Management’ – iShares Bitcoin Trust (NASDAQ:IBIT)

    October 12, 2025

    Buying gold every year on Diwali is like an SIP: Don’t overinvest and stick to asset allocation

    October 12, 2025

    Crypto’s Weekend Wipeout Exposes a Glaring Flaw in Wall Street’s Bitcoin ETFs

    October 12, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    750 M$ d’achats d’ETH et aucune vente en juin

    June 21, 2025

    China regulates bond market based on market principles, state media says

    August 24, 2024

    Canara Robeco Mutual Fund launches Balanced Advantage Fund

    July 12, 2024
    Our Picks

    Winning move for investment into equity MF: Go for funds with lower probability of loss if you are a conservative investor

    October 13, 2025

    Bitcoin’s Flash Crash Over Weekend Prompts Analyst To Sound Warning on BTC ETFs: Continuous Liquidity Essential To ‘Prudent Risk Management’ – iShares Bitcoin Trust (NASDAQ:IBIT)

    October 12, 2025

    Buying gold every year on Diwali is like an SIP: Don’t overinvest and stick to asset allocation

    October 12, 2025
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.