Section 69B-221.135 - Collateral Security Requirements(1) No bail bond agent shall accept collateral security or other indemnity of any type in an individual or aggregate amount totaling in excess of fifty thousand dollars ($50,000) cash per bond, except as provided by sections 648.442(1)(a)-(e), F.S., or by this rule.(2) The meaning of "any other type of security" in section 648.442(1)(e), F.S., is defined to include only the following types of security: (a) Shares of stock of a close corporation; or(b) Patents, copyrights or trademarks.Fla. Admin. Code Ann. R. 69B-221.135
Rulemaking Authority 648.26 FS. Law Implemented 648.442(1) FS.
New 12-23-82, Formerly 4-1.142, Amended 9-10-91, Formerly 4-1.0142, Amended 4-14-97, Formerly 4-221.135.New 12-23-82, Formerly 4-1.142, Amended 9-10-91, Formerly 4-1.0142, Amended 4-14-97, Formerly 4-221.135.