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Supplemental description of documents or items tendered:
The Person receiving money, property or documents and who provide this receipt as documentation
PRINT CONTACT INFORMATION FOR PERSON GIVING THIS RECEIPT. (THE PRODUCER’S CONTACT INFORMATION IS SHOWN ABOVE AND DOES NOT NEED TO BE REPEATED.)
The Person tendering money, property or documents and who provide this receipt as documentation
PRINT CONTACT INFORMATION FOR PERSON TENDERING MONEY, PROPERTY OR DOCUMENTS. (THE PRODUCER’S CONTACT INFORMATION IS SHOW ABOVE AND DOES NOT NEED TO BE REPEATED.)
PREMIUM ADVISORY NOTICE (applicable if providing this receipt for premium): If a refund is ordered by the Court after the bond is posted, premium will be returned in the amount and within the time specified by the court order. If the bail bond is not posted within twenty four hours, as required by law, all monies paid to the Bail Producer must be returned within forty-eight hours.
COLLATERAL ADVISORY NOTICE (applicable if this receipt is for collateral). Property or cash tendered as collateral is for the express purpose of assuring Defendant’s compliance with the conditions of the Bail Bond and to assure that Financial Casualty & Surety, Inc. and the Bail Producer will sustain no loss, damage or expense whatsoever in connection with its issuance and posting of the Bail Bond. All collateral tendered, if any, will be separately held, without use, except as expressly provided herein. It is your responsibility to provide a Certificate of Discharge, or a true copy the Court order releasing and discharging the Bail Bond at the address of the Bail Producer, shown above. Any person hereby acknowledging receipt for collateral acknowledges that the Bail Producer provided Indemnitor with a signed original Collateral Receipt that accurately describes the collateral and its condition when received by the Bail Producer. Collateral will only be returned to the same person who pledged the collateral. All requests for the return of collateral should be accompanied by the original Collateral Receipt signed by the Bail Producer who received the collateral. Surety is entitled to an originally executed receipt for all returned collateral. Thirty (30) days after entry of a bond forfeiture order by the court Surety may use, sell or otherwise liquidate collateral, in a reasonable manner, to satisfy losses sustained as a result of the issuance of the Bail Bond. Pursuant to § 18-13-130, C.R.S., your insurance producer or bail insurance company must return any non-forfeited collateral to you within fourteen (14) days of receiving a copy of the court order that results in the release of the bond by the court. In order to begin this process, you may deliver a copy of the court order resulting in a release of the bond by the court to the insurance producer who posted the bond with the court or the bail insurance company. Pursuant to § 10-2-705(3.5)(d), C.R.S., applicable to the use of real property, your reconveyance of title, certificate of discharge, or a full release of any lien shall be provided within 35 days after receiving notice that the time for appealing an order that exonerated the bail bond has expired. Insurance producers are regulated by the Colorado Division of Insurance. TO ENSURE THE PROMPT RETURN OF YOUR COLLATERAL, THE DIVISION RECOMMENDS YOU HAND DELIVER THE COURT’S BOND DISCHARGE/BOND RELEASE TO THE INSURANCE PRODUCER WHO POSTED THE BOND AND OBTAIN A RECEIPT FROM THE INSURANCE PRODUCER WHO POSTED THE BOND SHOWING THE DATE YOU DELIVERED THE DISCHARGE/RELEASE. If you deliver the bond discharge/release to the insurance producer who posted the bond by mail, it is suggested to use certified mail, return receipt requested, with another certified mail copy to the bail insurance company.
