North Carolina General Statutes 58-71-16. No return of premium; bond reduction
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Terms Used In North Carolina General Statutes 58-71-16
- Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
Notwithstanding any other provision of law or rules adopted by the Commissioner under this Article, if, after an agreement has been entered into between a defendant and a surety, the defendant’s bond is reduced, the surety shall not be required to return any portion of the premium to the defendant. (2011-377, s. 1.)