Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Rs 11,000 Monthly SIP in Midcap MFs: Top 7 mutual funds, 5-year returns and how much you could have earned
    • Small-cap funds attract highest ever monthly inflow in July: Is your equity portfolio taking the right risk?
    • What Really Happens After You Invest in a Mutual Fund? A Step-by-Step Journey of Your Money
    • 18 Canadian-listed actively managed bond ETFs worth considering
    • 3 Overrated ETFs | Morningstar
    • 3 Underrated ETFs to Buy, According to Financial Advisors
    • Mutual fund inflows rise to Rs 2.36L-crore in July
    • SEBI proposes wider vault rules for gold, silver ETFs and bullion derivatives
    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

    Bonds Looking Somewhat Optimistic Ahead of CPI

    August 11, 2026

    What Is a Bond Yield? Meaning, Formula and Examples

    August 9, 2026

    Fixed savings rates hit a two-year high: should you lock in now?

    August 6, 2026
    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

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

    November 19, 2023

    The Evolution of Art and Art Investments: A Historical Perspective on Fruitful Returns and Wealth Management

    August 21, 2023
    Don't Miss
    Mutual Funds

    Rs 11,000 Monthly SIP in Midcap MFs: Top 7 mutual funds, 5-year returns and how much you could have earned

    August 12, 2026

    Midcap mutual funds (MFs) are funds that primarily invest in midcap companies’ stocks. These midcap…

    Small-cap funds attract highest ever monthly inflow in July: Is your equity portfolio taking the right risk?

    August 12, 2026

    What Really Happens After You Invest in a Mutual Fund? A Step-by-Step Journey of Your Money

    August 12, 2026

    18 Canadian-listed actively managed bond ETFs worth considering

    August 12, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Institutional acceptance of Bitcoin ETFs grows in Q2 2024

    August 19, 2024

    Gold ETFs, physical gold and gold mutual funds: Which will add more shine to your portfolio? Differences explained

    September 30, 2025

    Noem rejects more than $70 million in federal funds for energy and environmental programs – Mitchell Republic

    August 27, 2024
    Our Picks

    Rs 11,000 Monthly SIP in Midcap MFs: Top 7 mutual funds, 5-year returns and how much you could have earned

    August 12, 2026

    Small-cap funds attract highest ever monthly inflow in July: Is your equity portfolio taking the right risk?

    August 12, 2026

    What Really Happens After You Invest in a Mutual Fund? A Step-by-Step Journey of Your Money

    August 12, 2026
    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

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

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