Texas Occupations Code 1704.205 – Bail Bond Settlement
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Terms Used In Texas Occupations Code 1704.205
- 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.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
Before a final judgment on a forfeiture of a bail bond:
(1) the prosecuting attorney may recommend to the court a settlement in an amount less than the amount stated in the bond; or
(2) the court may, on its own motion, approve a settlement.