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Re: What is "Bailed Property"?
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In Reply to Parent Post by hogheavenfarm
must be the origin of 'making bail'???
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In a way. Making bail involves putting up something of value to assure the person will return later for formal adjudication of a charge which would otherwise result in a fine or imprisonment. Without bail to assure the pledge of return, the alternate is for the person to remain in custody until the matter can be resolved in a court of competent jurisdiction.
Bail can be actual cash or a pledge of property. (Giving up one's driver's license when ticketed for speeding is a form of bail.)
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