2014 Indiana Code TITLE 27. INSURANCE ARTICLE 10. INDIANA BAIL LAW CHAPTER 1. DEFINITIONS
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IC 27-10
ARTICLE 10. INDIANA BAIL LAW
IC 27-10-1
Chapter 1. Definitions
IC 27-10-1-0.3
Validity of licenses issued before September 1, 1985; renewal
Sec. 0.3. Licenses issued before September 1, 1985, under
IC 35-4-5 (before its repeal) remain valid and may be renewed under
this article, subject to this article.
As added by P.L.220-2011, SEC.455.
IC 27-10-1-1
Application of definitions
Sec. 1. The definitions in this chapter apply throughout this article.
As added by P.L.261-1985, SEC.1.
IC 27-10-1-2
"All lines fire and casualty insurance producer"
Sec. 2. "All lines fire and casualty insurance producer" means an
insurance producer who holds a valid license issued by the
department of insurance to engage in the writing and transacting of
all of the following lines and kinds of insurance:
(1) Property insurance.
(2) Casualty insurance.
(3) Surety insurance.
(4) Disability insurance.
(5) Inland marine insurance.
As added by P.L.261-1985, SEC.1. Amended by P.L.178-2003,
SEC.80.
IC 27-10-1-3
Repealed
(Repealed by P.L.305-1987, SEC.38.)
IC 27-10-1-4
"Bail agent"
Sec. 4. "Bail agent" means a person who has been:
(1) approved by the commissioner; and
(2) appointed by an insurer by power of attorney;
to execute or countersign bail bonds for the insurer in connection
with judicial proceedings for which the person receives a premium.
As added by P.L.261-1985, SEC.1. Amended by P.L.224-1993,
SEC.2.
IC 27-10-1-4.3
"Bureau"
Sec. 4.3. "Bureau" refers to the child support bureau established
by IC 31-25-3-1.
As added by P.L.23-1996, SEC.25. Amended by P.L.145-2006,
SEC.166.
IC 27-10-1-5
"Commissioner"
Sec. 5. "Commissioner" means the insurance commissioner.
As added by P.L.261-1985, SEC.1.
IC 27-10-1-5.5
"Delinquent"
Sec. 5.5. "Delinquent" means at least:
(1) two thousand dollars ($2,000); or
(2) three (3) months;
past due on payment of court ordered child support.
As added by P.L.23-1996, SEC.26.
IC 27-10-1-6
"Disqualifying offense"
Sec. 6. "Disqualifying offense" means:
(1) a felony; or
(2) a misdemeanor if an element of the offense involves
dishonesty, violence, or a deadly weapon.
As added by P.L.261-1985, SEC.1.
IC 27-10-1-7
"Insurer"
Sec. 7. "Insurer" means any domestic, foreign, or alien surety
company which has qualified generally to transact surety business
under the requirements of this title and specifically to transact bail
bond business in this state.
As added by P.L.261-1985, SEC.1. Amended by P.L.149-1986,
SEC.60.
IC 27-10-1-7.5
"License"
Sec. 7.5. "License" has the meaning set forth in IC 25-1-2-6.
As added by P.L.23-1996, SEC.27.
IC 27-10-1-8
"Premium"
Sec. 8. "Premium" means:
(1) currency issued by the United States of America paid to a
bail agent prior to the execution of a bail bond;
(2) a check delivered to a bail agent prior to the execution of the
bail bond that must be:
(A) properly payable when delivered; and
(B) deposited in the bail agent's bank account; or
(3) a credit card transaction if the bail agent:
(A) accepts the credit card; and
(B) obtains:
(i) authorization from the credit card issuer for the amount
due; and
(ii) an approval number from the credit card issuer for the
credit card transaction;
before the execution of the bail bond.
As added by P.L.261-1985, SEC.1. Amended by P.L.224-1993,
SEC.3; P.L.348-1995, SEC.1.
IC 27-10-1-9
"Recovery agent"
Sec. 9. "Recovery agent" means a person who is offered or given
any compensation by a bail agent or surety in exchange for assisting
the bail agent or surety in apprehending or surrendering any
defendant or keeping a defendant under necessary surveillance. This
does not affect the right of bail agents or sureties to hire counsel or
to ask assistance of law enforcement officers.
As added by P.L.261-1985, SEC.1. Amended by P.L.224-1993,
SEC.4.
IC 27-10-1-10
"Surety"
Sec. 10. "Surety" means any person who satisfies the
qualifications of IC 27-10-2-4 and who agrees to pay the bond in the
event the defendant fails to appear in court at the scheduled date and
time.
As added by P.L.261-1985, SEC.1.
IC 27-10-1-11
"Transfer fee"
Sec. 11. "Transfer fee" means a service charge made by an insurer,
in addition to the premium, when a bond is executed by an agent of
the insurer for another agent in a different jurisdiction.
As added by P.L.261-1985, SEC.1.
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