N.Y. Comp. Codes R. & Regs. tit. 11 § 28.3

Current through Register Vol. 46, No. 25, June 18, 2024

Section 28.3 - Appointment of bail agents

(a) Every insurer and charitable bail organization shall file a certificate of appointment in such form as the superintendent may prescribe to appoint a bail agent to represent the insurer or charitable bail organization. The appointing insurer or charitable bail organization shall file the certificate of appointment within 15 days from the date the agency contract is executed.

(b) A certificate of appointment shall be valid until:

(1) terminated by the appointing insurer or charitable bail organization in accordance with the provisions of the agency contract;

(2) the bail agent's license is suspended or revoked by the superintendent; or

(3) the bail agent's license expires and is not renewed.

N.Y. Comp. Codes R. & Regs. Tit. 11 § 28.3

Adopted New York State Register November 20, 2019/Volume XLI, Issue 47, eff. 3/19/2020