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Bail Bonding Funds Considered Public Funds?

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Are Bail Bonding funds considered public funds? ie DDA or Time account held in the name of Bail Bondsman Co?

All the bail bondsmen that I am aware of are private individuals or companies and are in no way related to any public governmental entity. A bail bondsman posts a person's bail for a payment of a lesser amount, similar to making them a high interest rate loan. It is a business and not a public service.

First published on 01/13/2014

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