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What is a bond?
A bond is a written, binding
agreement to perform as specified. Many types of bonds have existed for
centuries and appear in marriage, land and court records of used by
genealogists. Historically, laws required administrators and executors
of estates, grooms alone or with others, and
guardians of minors to post
bonds. It is not unusual to discover that a bondsman was related to
someone involved in the action before the court. If a bondsman failed to
perform, the court may have demanded payment of a specified sum as a
penalty. |
