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OK SB1677

Bill

Status

Introduced

2/3/2014

Primary Sponsor

John Sparks

Click for details

Origin

Senate

2014 Regular Session

AI Summary

  • Amends 59 O.S. 2011, Section 1311.2 to replace references to "this act" with "Section 1301 et seq. of this title" regarding bail bondsman licensing.

  • Maintains existing provisions that individuals with revoked licenses cannot reapply for one year (or one year from final court order if appealed).

  • Allows the Insurance Commissioner discretion to authorize reapplication before the one-year period if the licensee meets current requirements and circumstances for revocation no longer exist.

  • Prohibits licensees from engaging in bail bond business during suspension or revocation period, and allows the Commissioner to suspend other insurance licenses held by the licensee simultaneously.

  • Effective date is November 1, 2014.

Legislative Description

Bail bondsman; suspension of license; modifying references. Effective date.

Professions and Occupations

Last Action

Reported Do Pass, amended by committee substitute Insurance committee; CR filed

2/20/2014

Committee Referrals

Insurance2/18/2014
Rules2/4/2014

Full Bill Text

No bill text available