Okla. Admin. Code § 365:25-5-36

Current through Vol. 41, No. 19, June 17, 2024

Section 365:25-5-36 - Monthly reports

(a) Bail bondsmen are required to submit monthly reports to the Insurance Commissioner within fifteen (15) days after the end of each preceding month pursuant to 59 O.S. § 1314. All bondsmen must submit a report for each component of the license held, even if no bonds were written under any particular component during that month. The types of licenses include:

(1) cash,

(2) surety,

(3) property,

(4) professional, and

(5) multicounty agent.

(b) Bondsmen must submit a monthly report for:

(1) each company, professional bondsman, or multicounty agent bondsman with which he/she is appointed, whether or not any bonds were written on that surety during that month;

(2) each company, professional bondsman, or multicounty agent bondsman with which he/she has an outstanding liability, even though the appointment has been canceled; and

(3) each company, professional bondsman, or multicounty agent bondsman with which he/she has an outstanding liability even though the surety is no longer active in the bail bond business.

Okla. Admin. Code § 365:25-5-36

Added at 10 Ok Reg 1483, eff 5-1-93

Amended by Oklahoma Register, Volume 33, Issue 24, September 1, 2016, eff. 9/15/2016