US Laws, Codes, Statutes & Cases

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 10
                              PRODUCER LICENSING
    41-1040.  BOND REQUIRED. After January 1, 2004, a producer shall not act
as a bail agent unless the producer first files with the department and
thereafter maintains in force a surety performance bond, executed by an
authorized surety insurer, in favor of the director in the amount of fifteen
thousand dollars ($15,000). Such bond shall be held in trust for the benefit
and protection of the public against a judicial or administrative
determination of loss by acts of fraud or dishonesty by the bail agent.