But the surety bond was missing vital information typically included in those filings, experts say. These standard elements include documents related to power of attorney for the bond provider, Knight Specialty Insurance Company, a financial statement from the company and a certificate of solvency from the Department of Financial Services.
On Wednesday, the New York Supreme Court clerk’s office returned to Trump’s attorneys the bond filing “for correction.” There was no reason publicly specified in the request for correction.
Adam Pollock, a former assistant attorney general in New York, said, “This bond is deficient for a number of reasons.”
“Including that the company doesn’t appear to be licensed in New York and doesn’t appear to have enough capital to make this undertaking,” Pollock said."
This one is kind of hilarious. I did this in high school when I hadn’t done the homework, I turned in something I did during 1st period or lunch hoping for the best. This needs to be watched though, he should be treated the same as any other defendant.
Edit: Here’s another article explaining it- https://www.thedailybeast.com/new-york-ag-questions-if-dollar175-million-bond-insurer-can-save-trump?ref=wrap