1. (a) An undertaking is valid if it states:

   1. (1) the court where the defendant is to appear;
   2. (2) the amount of the bail; and
   3. (3) that it was made before an official legally authorized to take the bond.

2. (b) A surety remains liable on an undertaking despite:

   1. (1) any lack of the surety's qualifications as required by section 4 of this chapter;
   2. (2) any other agreement that is expressed in the undertaking;
   3. (3) any failure of the defendant to join in the undertaking; or
   4. (4) any other defect of form or record, or any other irregularity, except as to matters covered by subsection (a).
3. (c) Any undertaking written after August 31, 1985, shall expire thirty-six (36) months after it is posted for the release of a defendant from custody. This section does not apply to cases in which a bond has been declared to be forfeited and the surety and bail agent have been notified as described in section 12 of this chapter.

As added by P.L.261-1985, SEC.1. Amended by P.L.355-1989(ss), SEC.1; P.L.105-2010, SEC.6.