With the implementation of AB109 on October 1, 2011, many things have changed and are now the law. One of the areas that has had an adverse effect on the criminal justice system is the portion of the law that allows local sheriff’s to release inmates via GPS Ankle Monitoring “in lieu of bail”.
An indemnitor or cosigner is the person who agrees to be financially responsible for defendant and the full amount of the bond if the defendant fails to appear in court. An indemnitor is also responsible for all cost incurred for a defendant missing a said court appearance. If there is more than one indemnitor who has signed for the release of a defendant both or more are jointly responsible for all expenses. Which means funds will be collected from both of the indemnitor.
This depends on the city and county in which the defendant is located, but in most cases defendants are released within two to four hours.
It’s to assure the court that a defendant will appear in court on the said court date and will make all required court appearances.
7% rate only applies to the indemnitor who have retained a private attorney for a defendant or and indemnitor who is a union member with proper identification.
In California the cost of a said bail bond named the premium is 10%. Which means if someone’s bail is set at 15,000 the premium with 10% would be $1500.00 which would be the full cost to you as the indemnitor would have to pay to the bail bond company in order for your friend or family member to be released from jail. There is no refund upon the release of a defendant.