Terms Used In Indiana Code > Title 34 > Article 22 - Causes of Action: Surety's Remedies Against Principal

• 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.
• Contract: A legal written agreement that becomes binding when signed.
• in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
• Under legal disabilities: includes persons less than eighteen (18) years of age, mentally incompetent, or out of the United States. See Indiana Code 1-1-4-5
• Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5