Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • How to take global exposure without buying international mutual funds
    • Why This 3-in-1 Equity Fund is a Smart Choice
    • Which is Best Among FD, Mutual Funds and SCSS? – Money Insights News
    • Zerodha Launches Life Cycle Funds To Bring Target Date Investment For Indians | Here’s How It Works
    • Sebi Eases Intraday Borrowing Rules For Mutual Funds To Improve Liquidity Management
    • Should you look at the P/E ratio of mutual funds? Here’s what experts say
    • How to choose between guaranteed returns and growth-focused investments | Personal Finance
    • SEBI eases intraday borrowing norms for mutual funds to manage liquidity mismatches
    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

    Inflation-protected bonds offer compelling value

    June 19, 2026

    City investors fear Labour leadership battle could push up UK bond yields, as UK borrowing jumps in May – as it happened | Business

    June 19, 2026

    UK Bonds Fall as Burnham Win Leaves Markets Speculating on Risks

    June 19, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Forget Monthly Dividends Because These Three Roundhill ETFs Pay Investors on Different Days of the Week

    June 19, 2026

    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
    Don't Miss
    Mutual Funds

    How to take global exposure without buying international mutual funds

    June 20, 2026

    Dedicated international funds have been among the better-performing diversification options for Indian investors, but many…

    Why This 3-in-1 Equity Fund is a Smart Choice

    June 20, 2026

    Which is Best Among FD, Mutual Funds and SCSS? – Money Insights News

    June 20, 2026

    Zerodha Launches Life Cycle Funds To Bring Target Date Investment For Indians | Here’s How It Works

    June 20, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    The Funds Most Affected by First Brands’ Bankruptcy and What Investors Can Learn From Them

    October 9, 2025

    7 dishes we loved this month (August 2024)

    August 29, 2024

    Your Questions Answered: I want to invest in Sensex tracking mutual funds. Please elaborate its pros and cons

    August 7, 2024
    Our Picks

    How to take global exposure without buying international mutual funds

    June 20, 2026

    Why This 3-in-1 Equity Fund is a Smart Choice

    June 20, 2026

    Which is Best Among FD, Mutual Funds and SCSS? – Money Insights News

    June 20, 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.