A person charged with a criminal offense in which a secured
bond has been required may, in the discretion of the court,
furnish in lieu of cash a commercial surety bond or a secured
interest in real estate, which shall be referred to as a
"property bond."
(a) Surety Bonds. Surety bonds for the appearance of a
person charged with a criminal offense shall require the
execution of a bail bond or equivalent security as provided in
