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2011 SESSION

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HB 2437 Bail bondsmen; regulation.

Introduced by: Charniele L. Herring | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Regulation of bail bondsmen.  Provides that a licensed bail bondsman shall not charge less than 10 percent or more than 15 percent of the amount of the bond for a bail bond premium and shall not loan money with interest for the purpose of helping another obtain a bail bond.  A bail bond premium is defined as the amount of money paid to a licensed bail bondsman for the execution of a bail bond.

SUMMARY AS PASSED HOUSE:

Regulation of bail bondsmen.  Provides that a licensed bail bondsman shall not charge less than 10 percent of the amount of the bond for a bail bond premium. The bill also prohibits the financing of a bail bond premium

SUMMARY AS INTRODUCED:

Regulation of bail bondsmen. Prohibits a bail bondsman from charging less than 10 percent or more than 15 percent the amount of the bond for a bail bond premium. The bill also prohibits the financing of a bail bond premium without a written agreement and prohibits surrender of the person who is subject to the bail bond solely for failure to perform obligations pursuant to that agreement.