Releasing funds from a bond

You can release funds from a bond to cover penalties or other expenses charged against the bond.

  1. Load the bond you want into the Bond InfoViewer.
    You access the Bond InfoViewer by clicking the Bond Tracking Number link on any form that shows the link.
  2. Click Edit.
  3. Under Bond Transaction, enable editing in the grid and click Add.
  4. Select Release from the Item Type list.
  5. Specify the amount of the release in the Amount field.
  6. In the Transaction Type field, specify a code that indicates the kind of release transaction.
  7. Specify the date the transaction was completed in the Close Date field.
  8. Specify any other information about the release.
    If this release is for a particular application, you can specify that application's product family and application number under Associated Application. You can also type any other information about the release in the Comments field.
  9. Click Save.