US Laws, Codes, Statutes & Cases

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 10
                              PRODUCER LICENSING
    41-1042.  COLLECTIONS AND CHARGES PERMITTED. (1) Notwithstanding any other
provision of this chapter, a bail agent in any bail transaction shall not,
directly or indirectly, charge or collect money or other valuable
consideration from any person except for the following:
    (a)  To pay premiums at the rates established by the insurer;
    (b)  To provide collateral;
    (c)  To reimburse the bail agent for actual expenses incurred in
    connection with the bail transaction, limited to the following:
         (i)   Expenditures actually and reasonably incurred to verify
         underwriting information or to pay for notary public fees, recording
         fees, or necessary long distance telephone or telegram fees; provided
         however, that the total of all such expenditures reimbursed shall not
         exceed fifty dollars ($50.00); and
         (ii)  Travel expenses incurred more than twenty-five (25) miles from
         a bail agent's place of business, which includes any city or locality
         in which the bail agent advertises or engages in bail business, up to
         the amount allowed by the internal revenue service for business
         travel for the year in which the travel occurs.
    (2)  Except as permitted under this section, a bail agent shall not make
any charge for his service in a bail transaction and the bail agent shall
fully document all expenses for which the bail agent seeks reimbursement.