MISSISSIPPI LEGISLATURE
2007 Regular Session
To: Insurance
By: Representative Hines, Mayo
AN ACT TO AMEND SECTION 99-5-5, MISSISSIPPI CODE OF 1972, TO REQUIRE BAIL BONDS TO BE SECURED BY AN INSURANCE COMPANY; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. Section 99-5-5, Mississippi Code of 1972, is amended as follows:
99-5-5. All bonds and recognizances taken for the appearance of any party, either as defendant, prosecutor, or witness in any criminal proceeding or matter, shall be made payable to the state, shall be secured by an insurance company and shall have the effect to bind the accused and his sureties on the bond or recognizance until the principal shall be discharged by due course of law, and shall be in full force, from term to term, for a period of three (3) years, except that a bond returnable to the Supreme Court shall be in full force for a period of five (5) years. If it is necessary to renew a bond, it shall be renewed without additional premium. At the end of the applicable period, a bond or recognizance that is not renewed shall expire and shall be uncollectible unless the collection process was started on or before the expiration date of such bond or recognizance. Any bond or recognizance taken prior to July 1, 1996, shall expire on July 1, 1999. If a defendant is charged with multiple counts in one (1) warrant only one (1) bond shall be taken.
SECTION 2. This act shall take effect and be in force from and after July 1, 2007.