Indiana Code 31-16-3.5-1. Bonds; requirements
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Sec. 1. A bond required under this article to secure the obligation of child support must:
(2) be secured by:
(1) be in writing; and
Terms Used In Indiana Code 31-16-3.5-1
- in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
(A) at least one (1) resident freehold surety; or
(B) a commercial insurance company.
As added by P.L.171-2001, SEC.8.