Deposit of cash, check, or draft instead of bond
Sec. 2. (a) This section applies when any bond is required by law
to be filed in any civil, criminal, or probate proceedings, whether in
a circuit court, superior court, or a city court.
(b) The officer with whom the bond is required to be filed may
accept a deposit of cash or a properly certified check or draft for the
full amount of the bond instead of a bond.
(c) This section shall not be construed as mandatory on any court
or officer, but as conferring a privilege that may be exercised for the
convenience of litigants.
As added by P.L.1-1998, SEC.45.
Last modified: May 24, 2006