Section 31A-35-401 - Requirement for license or certificate of authority - Process - Fees - Limitations(1)(a) A person may not engage in the bail bond insurance business unless that person: (i) is a bail bond agency licensed under this chapter;(ii) is a surety insurer that is granted a certificate under this section in the same manner as other insurers doing business in this state are granted certificates of authority under this title; or(iii) is a bail bond producer licensed in accordance with this section.(b) A bail bond agency shall be licensed under this chapter as an agency.(c) A bail bond producer shall be licensed under Chapter 23a, Insurance Marketing - Licensing Producers, Consultants, and Reinsurance Intermediaries, as a limited lines producer.(2) A person applying for a bail bond agency license under this chapter shall submit to the commissioner: (a) a completed application form as prescribed by the commissioner;(b) a fee as determined by the commissioner in accordance with Section 31A-3-103; and(c) any additional information required by rule.(3) A fee required under this section is not refundable.(4) A fee collected from a bail bond agency shall be deposited into a restricted account created in Section 31A-35-407.(5)(a) A bail bond agency shall be domiciled in Utah.(b) A bail bond producer shall be a resident of Utah.(c) A foreign surety insurer that is granted a certificate to sell bail bonds may only sell bail bonds through a bail bond agency licensed under this chapter.Amended by Chapter 234, 2016 General Session ,§ 7, eff. 5/10/2016.Amended by Chapter 10, 2010 General Session