Source: https://ecode360.com/10453116
Timestamp: 2019-04-20 04:41:43+00:00

Document:
§ 47-1 Oath required prior to acceptance as surety.
§ 47-2 Submission of written reports.
§ 47-3 Forfeiture of bond; notification of disqualification.
§ 47-4 Form of surety bond in criminal cases.
§ 47-5 Nonapplicability of provisions for corporate surety companies.
§ 47-6 Compliance with requirements; penalty for perjury.
§ 47-7 Division of premium charge among sureties and bond recipient constitutes a misdemeanor.
That the surety or sureties own real estate located in the State of Maryland and what the true assessment of the same is, as evidenced by the assessment books showing the last assessment of the real estate in the jurisdiction where the property is located, and the last assessment, as aforesaid, for the purpose of the suretyship shall be taken and considered by the court as the true value of the property.
The amount of encumbrances, if any, on the property, that is to say, the total amount of mortgages, if any; the total amount of judgment, if any; the total amount of mechanics liens, if any; and the total amount of recognizances forfeited absolute, if any. The aggregate of any lien shall be added together, and the total shall be deducted from the assessed value as aforesaid, and the remainder shall be considered the true equity value of the property for the purpose of suretyship, and the same may be pledged for suretyship to the extent and only to the extent of four (4) times the equity value, inclusive of the amount for which the surety or sureties then offer themselves and their property. Should the real estate of the surety or sureties be unencumbered, the property may be pledged to the extent of four (4) times the assessed value obtained as aforesaid, inclusive of the amount for which the surety or sureties then offer their property for pledge. The word "pledge," for the purpose herein intended, means that the surety or sureties, as the case may be, if accepted as such, obligate and bind their real estate in case of forfeiture absolute to pay the penalty of the bond according to law.
The legal description of property owned, assessed valuation and street location.
The amount of encumbrances on the property, including mortgages, mechanics liens, judgments and tax liens.
The liber and folio numbers of all deeds conveying the property to the surety and liber and folio numbers of all encumbrances.
A complete list of all bonds written, the person for whom written, the date and amount of bond and whether the bond is still in effect, discharged or forfeited.
A complete list of all bonds forfeited absolute, with the date of forfeiture and whether the forfeiture has been paid or stricken by the court.
Disqualification. If the written reports are not submitted to the State's Attorney on the dates hereinabove set forth, the surety shall be disqualified from further suretyship on any bond or bonds in criminal cases in any court of Dorchester County until the reports are submitted, provided that notice of disqualification is sent by the State's Attorney to the Clerk of the Circuit Court and the Clerk of the District Court.
When any bond is forfeited absolute in any court and the forfeiture is not paid or stricken by the court within thirty (30) days from the date of the forfeiture, the surety shall be disqualified from further suretyship on any bond or bonds in criminal cases in any court of Dorchester County until the forfeiture is paid or stricken by the court. The State's Attorney shall notify all courts of the disqualification.
In all criminal cases, the surety bond shall be written so as to guarantee the appearance of the defendant at all stages of the proceeding before any court and shall not be accepted by any court of Dorchester County unless it is written in that form.
The provisions of §§ 47-2 through 47-4 shall not apply to a corporate surety company which is qualified to do business in Maryland under the laws thereof.
The oath aforesaid required to be taken by any surety or sureties before any court shall be reduced to writing by the Clerk of the court and the same attached to the bond or bonds so executed, and no court of the county shall accept any person or persons as surety or sureties as aforesaid until and unless the person or persons offering themselves as surety or sureties shall clearly qualify under the conditions hereinbefore required in this chapter. Any willfully false oath by the surety or sureties as to any of the aforegoing facts or as to any of the information submitted under oath to the State's Attorney of Dorchester County shall be deemed perjury and, upon conviction, shall subject the person or persons to the penalty prescribed by Article 27, § 439, of the Annotated Code of Maryland, and any conviction as aforesaid shall disqualify the person or persons from further suretyship on any bond or bonds in criminal cases before any court of Dorchester County.
Any division of any premium charge on any bond accepted under the provisions of this chapter among the surety or sureties on the bond and any official or any constable or any police officer in Dorchester County accepting the bond, directly or indirectly, shall constitute a misdemeanor in office on the part of the constable or police officer so receiving the same or any part thereof and shall subject the constable or police officer to removal by the Judge or Judges of the Circuit Court for Dorchester County on conviction in a court of law. So far as the surety or sureties are concerned, conviction of the police officer or constable, as the case may be, shall constitute disqualification of the surety or sureties for any future bond in any criminal case before any court in Dorchester County.

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 § 439