2006 Utah Code - 31A-35-406 — Renewal and reinstatement.

     31A-35-406.   Renewal and reinstatement.
     (1) (a) To renew its license under this chapter, on or before the last day of the month in which the license expires a bail bond surety company shall:
     (i) complete and submit a renewal application to the department; and
     (ii) pay the department the applicable renewal fee established in accordance with Section 63-38-3.2.
     (b) A bail bond surety company shall renew its license under this chapter annually as established by department rule, regardless of when the license is issued.
     (2) A bail bond surety company may renew a bail bond surety company license not renewed under Subsection (1) within 30 days after the expiration date by:
     (a) submitting a renewal application required by Subsection (1); and
     (b) paying a late renewal fee established in accordance with Section 63-38-3.2.
     (3) A bail bond surety company may apply for reinstatement of an expired bail bond surety company license between 31 days and six months following the expiration of the license under Subsection (1) by:
     (a) submitting the renewal application required by Subsection (1); and
     (b) paying a license reinstatement fee established in accordance with Section 63-38-3.2.
     (4) If a bail bond surety company license has been expired for more than six months, the person applying for reinstatement of the bail bond surety license shall:
     (a) submit an application form to the commissioner; and
     (b) pay the application fee established in accordance with Section 63-38-3.2.
     (5) If a bail bond surety company license is suspended, the applicant may not submit an application for a bail bond surety company license until after the end of the period of suspension.
     (6) Fees collected under this section shall be deposited in the restricted account created in Section 31A-35-407.

Amended by Chapter 259, 2000 General Session