The fee paid to a bail bondsman is also known as a premium. A premium is
a non-refundable fee for the service of making the bail payment on
behalf of the accused. When the bail bond has been posted, the court
allows the accused to be released from jail under certain conditions and
holds the bail amount in either cash or bond form until the case is
complete. A case in general sessions court can last several years. If
the accused misses a required court date a bench warrant will be issued
and the bond declared forfeited. Any cash bail payment posted to the
clerk of the court is put in the name of the defendant.
Permits the defendant to deposit cash with the clerk of court under the guise of being returned upon completion of the court case. Section (C) explains the cash deposit will be used for the purpose of restitution to the victim. This money creates an asset in the defendant's name and becomes assignable.
Interest on bail money deposited may be placed in an interest baring account and is considered public funds.
For the purpose of surrendering the defendant the surety may arrest him or her before the forfeiture of the undertaking.
A license is required of a bail bondsman and runners.
Chapters 38 and 17
of the South Carolina codes explain all bail bond regulations.