Loading chat...
CT SB00204
Bill
Status
2/22/2018
Primary Sponsor
Insurance and Real Estate Committee
Click for details
AI Summary
-
Limits commissioner examinations of surety bail bond agents to no more than once every three years, unless good cause is shown for more frequent examinations.
-
Requires all licensed surety bail bond agents to pay an annual $450 fee by January 31st to cover examination costs.
-
Automatically expires licenses of agents who fail to pay the annual fee by January 31st, but reinstates licenses immediately upon payment within 10 days of expiration.
-
Requires the commissioner to notify all licensed agents by December 15th annually about the automatic expiration provision.
-
Authorizes the commissioner to establish continuing education requirements for surety bail bond agents through regulation.
Legislative Description
An Act Concerning Surety Bail Bond Agents.
Last Action
File Number 326
4/9/2018