2010 Ohio Revised Code
Title [39] XXXIX INSURANCE
Chapter 3905: INSURANCE PRODUCERS LICENSING ACT
3905.862 Expiration or cancellation of appointment; fee.
3905.862 Expiration or cancellation of appointment; fee.
Upon the expiration or cancellation of a surety bail bond agent’s appointment, the agent shall not engage or attempt to engage in any activity requiring such an appointment. However, an insurer that cancels the appointment of a surety bail bond agent may authorize the agent to continue to attempt the arrest and surrender of a defendant for whom a bail bond had been written prior to the cancellation and to seek discharge of forfeitures and judgments.
An insurer that cancels the appointment of a surety bail bond agent or allows that appointment to expire shall pay to the superintendent of insurance a fee pursuant to division (A)(9) of section 3905.40 of the Revised Code.
Amended by 128th General Assembly File No. 18, HB 300, § 1, eff. 5/26/2010.
Effective Date: 10-09-2001
See 128th General Assembly File No. 18, HB 300, §6.
See 128th General Assembly File No. 18, HB 300, §3.
Disclaimer: These codes may not be the most recent version. Ohio may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
