South Dakota Codified Laws 58-22-30. Acceptance of anything of value from principal except premium as misdemeanor–Collateral security or indemnity permitted
Current as of: 2023 | Check for updates
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No bail bondsperson or runner may accept anything of value from a principal except the premium. However, the bondsperson may accept collateral security or other indemnity from the principal which shall be returned upon final termination of liability on the bond. Such collateral security or other indemnity required by the bondsperson shall be reasonable in relation to the amount of the bond. Violation of this section is a Class 1 misdemeanor.
Attorney's Note
Under the South Dakota Laws, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| Class 1 misdemeanor | up to 1 year | up to $2,00 |
Terms Used In South Dakota Codified Laws 58-22-30
- 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.
Source: SL 1966, ch 111, ch 31, §§ 15 (6), 27; SDCL, § 58-22-48; SL 1978, ch 359, § 2; SL 1998, ch 296, § 21.