Disclosure of Interest. In every corporate surety bond proffered for filing in a
U.S. District Court for the District of South Carolina
U.S. District Court for the District of South Carolina
criminal case in the District of South Carolina, the court requires the attorney-in-fact who executes the bond on behalf of the corporate surety to disclose under oath the identity of the premium payor. In any case where the bond exceeds fifty thousand dollars ($50,000), whether the surety is a corporation or an individual, the attorney-in-fact or individual surety must disclose the details of any collateral pledged to the surety to induce issuance of the bond and the details of any agreement to indemnify the surety should bond forfeiture be ordered.
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