1.Pre-requisite for licensing agents of Bail Bond New York
•None of the person, company or organization or any employee is allowed to work as the solicitor until unless he is having the authorized license with him. If any of the person or organization or company is found working as agents without the Bail Bond New York license will be adjudged as a Misdemeanor.
•The license should be based on the section, and should be for all the employees, agents or officers who are going to act as a solicitor, effectuating and negotiating any of the bail bond or deposit.
•Any license which has been authorized for the company or firm shall authorize only the members who have been named in such licenses as sublicenses who can act individually as agents further.
•A 25$ fee has to be paid when you are applying for the license. It will be for each fraction or year for which the license will be valid for every individual person and for every sublicense.
2.Different kinds of Bail Bonds
•Surety bond-it’s a kind of guarantee which ensures that if the accused doesn’t appear in front of the court on the date then a surety company or the bail agent will have to hand over the assets to the court.
•Bail for Cash- is allowed only for those suspects who cannot post bail on the basis of the assets.
•A pre - Trial Release- When the suspect is released on the basis of his recognizance. It’s basically for the crime which is not of any heinous quality. Such kind of trials is administered via pre-trials.