Indiana Code 27-10-4-5. Failure of bail agent to collect full premium; penalty
Current as of: 2023 | Check for updates
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Attorney's Note
Under the Indiana Code, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| Level 6 felony | between 6 mos. and 2 1/2 years | up to $10,000 |
Terms Used In Indiana Code 27-10-4-5
- Bail: Security given for the release of a criminal defendant or witness from legal custody (usually in the form of money) to secure his/her appearance on the day and time appointed.
Sec. 5. A bail agent who knowingly or intentionally executes a bail bond without collecting in full a premium for the bail bond, at the premium rate as filed with and approved by the commissioner, commits a Level 6 felony.
As added by P.L.261-1985, SEC.1. Amended by P.L.224-1993, SEC.29; P.L.158-2013, SEC.298.