New Maryland Court Bond Requirement

Category: Uncategorized
Published: Nov 1, 2011
SB 411: Court Bond

This bond would be providing procedures for the seize of property that is involved with criminal proceedings. These proceedings would be involved with financial crime cases. The owner of a seized property would have the opportunity to post a bond to obtain the release of their property. The bond would be conditioned on compliance with the court’s final Judgment.

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Victor Lance is the founder and president of Lance Surety Bond Associates, Inc. He began his career as an officer in the U.S. Marine Corps, serving two combat tours. As president of Lance Surety, he now focuses on educating and assisting small businesses throughout the country with various license and bond requirements. Victor graduated from Villanova University with a degree in Business Administration and holds a Masters in Business Administration (MBA) from the University of Michigan's Ross School of Business.

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