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MT HB729

Bill

Official Source

Status

Vetoed

5/13/2025

Primary Sponsor

Nelly Nicol

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Surety bail bond insurance producers must collect a minimum premium of 10% of the guaranteed amount of the surety appearance bond
  • Additional fees beyond the minimum premium may only be collected if the producer specifically discloses those fees and provides a fee schedule in the contract
  • The premium must be collected in full at the time of service, and a receipt must be provided with the surety appearance bond and power of attorney
  • Amends Section 33-26-106, MCA, governing surety bond costs and officer accounts

Legislative Description

Revise surety bail bond insurance laws relating to the collection of premium and other fees

Criminal Procedure

Last Action

(H) Vetoed by Governor

5/13/2025

Committee Referrals

Business, Labor and Economic Affairs3/18/2025
Business & Labor2/25/2025

Full Bill Text

No bill text available