A "secured" bail bond is one in which the ENTIRE cash amount of
bail money was put up -or- the bail bond is secured in it's entire
amount by the pledging of property of equal value.
A "secured" bail bond is one in which the ENTIRE cash amount of
bail money was put up -or- the bail bond is secured in it's entire
amount by the pledging of property of equal value.
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a us treasury bond
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General Obligation bonds are secured by "taxes" primarily,
whereas revenue bonds are secured by the "income" from the issuer
of that particular bond.
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This article at
http://www.stockgumshoe.com/2008/06/secured-investment-contracts-legally-obligated-181-gains-stansberry.html
will answer it much better than I can. This article at
www.stockgumshoe.com/2008/06/secured-investment-contracts-legally-obligated-181-gains-stansberry.html
will answer better than I can.
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a secured means you either have the money or the property a
unsecured means u can use a bail bondsman to get out