SB 213 Requires bail bond agents or surety recovery agents to be members in a professional association
Sponsor: Cauthorn
LR Number: 1096S.01I Fiscal Note: 1096-01
Committee: Financial & Governmental Organizations and Elections
Last Action: 2/28/2005 - SCS Voted Do Pass S Financial & Governmental Organizations and Elections Committee (1096S.02C) Journal Page:
Title: Calendar Position:
Effective Date: August 28, 2005

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Current Bill Summary

SCS/SB 213 - This act requires individuals to be a member of a statewide professional association before being licensed by the Department of Insurance as a bail bond agent, general bail bond agent, or surety recovery agent.

The director will establish the requirements that an association must meet in order for it be a recognized statewide professional association of which an applicant may be a member in order to be licensed. The director shall not mandate membership in any particular association.

Upon renewal of the license, a person must show continuing membership in one of the statewide professional association.