Sec. 3. (a) An undertaking is valid if it states: (1) the court where the defendant is to appear; (2) the amount of the bail; and (3) that it was made before an official legally authorized to take the bond. (b) A surety remains liable on an undertaking despite: (1) any lack of the surety's qualifications as required by section 4 of this chapter; (2) any other agreement that is expressed in the undertaking; (3) any failure of the defendant to join in the undertaking; or (4) any other defect of form or record, or any other irregularity, except as to matters covered by subsection (a). (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.
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