760 Ind. Admin. Code 1-6.2-9

Current through December 25, 2024

Section 760 IAC 1-6.2-9 - Acceptance of collateral for bail bond; collateral receipt required

Authority: IC 27-10-2-1

Affected: IC 27-10-2

Sec. 9.

(a) Each bail agent who accepts collateral security for a bail bond shall maintain a copy of the bond and shall attach a copy of the receipt for the collateral received.

(b) The copy of the receipt for the collateral security is not required to be filed with the court.

(c) A bail agent may not refuse to return collateral based solely on the fact a person lost his or her receipt for the collateral.

760 IAC 1-6.2-9

Department of Insurance; 760 IAC 1-6.2-9; filed Jul 28, 1994, 4:00 p.m.: 17 IR 2863; readopted filed Sep 14, 2001, 12:22 p.m.: 25 IR 530; filed Jun 30, 2006, 3:30 p.m.: 20060726-IR-760050133FRA; readopted filed Nov 21, 2012, 4:15 p.m.: 20121219-IR-760120454RFA

Readopted filed Nov 13, 2018, 10:02 a.m.: 20181212-IR-760180372RFA

Readopted filed 10/31/2024, 3:52 p.m.: 20241127-IR-760230814RFA