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MS HB1206

Bill

Status

Failed

2/23/2016

Primary Sponsor

Mark Formby

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • Requires limited surety agents to complete 40 classroom hours of prelicensing education approved by the Mississippi Coalition of Limited Sureties before obtaining a professional bail agent, soliciting bail agent, or bail enforcement agent license

  • Exempts applicants who were licensed under the chapter as of July 1, 2016, and maintained their license in compliance with continuing education requirements from the new prelicensing requirement

  • Exempts applicants who have met continuing education requirements and been properly licensed within 90 days of submitting a new application from the prelicensing education requirement

  • Mirrors existing prelicensing requirements already in place for personal surety agents, which require 40 classroom hours approved by the Professional Bail Agents Association of Mississippi, Inc.

  • Effective date of July 1, 2016

Legislative Description

Limited surety agents; require prelicensing training before issuance of bail agent license.

Last Action

Died In Committee

2/23/2016

Committee Referrals

Insurance2/8/2016

Full Bill Text

No bill text available