P. v. Bankers Insurance Co. CA6
Bankers Insurance Company (Bankers) appeals from an order denying its motion to vacate forfeiture and exonerate a bail bond and from the subsequent judgment. Bankers contends that the trial court lost jurisdiction over the bond by failing to declare a forfeiture pursuant to Penal Code section 1305, subdivision (a)(1) when defendant Luis Banuelos failed to appear at two hearings. Bankers also argues that the bond was exonerated by operation of law when the trial court imposed supervised release conditions upon Banuelos at the conclusion of his preliminary hearing without first exonerating the bail bond.
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