Loading chat...

CT SB00204

Bill

Status

Introduced

2/22/2018

Primary Sponsor

Insurance and Real Estate Committee

Click for details

Origin

Senate

2018 General Assembly

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

Committee Referrals

Insurance and Real Estate2/22/2018

Full Bill Text

No bill text available