California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 1 - Production of Insurance
Article 2 - Bail Transactions
Subarticle 4 - Conduct of Bail Licensees
Section 2065 - Business in Specified Capacities Only and Notices
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
Every bail agent or permittee shall conduct the bail agent or permittee's bail business:
(a) As an individual;
(b) As a member of a partnership as provided in Section 2061;
(c) As an employee of another bail agent or permittee as provided in Section 2062;
(d) As the temporary associate of another bail agent or permittee in the joint transaction of bail if such temporary association is limited to a single transaction or to a series of related transactions;
(e) As the temporary conductor of the bail business of another bail agent or permittee during a period of the other bail agent's or permittee's temporary absence;
(f) As a corporation pursuant to Insurance Code section 1810; or
(g) In any other lawful manner provided written notice is filed with the commissioner by the bail licensee at least 10 days prior to the bail licensee so conducting the bail licensee's bail business setting forth full details of the manner in which the business will be conducted and the names of all persons, if any, to be associated with the bail licensee. If prior to the expiration of such 10-day period the commissioner gives notice to such bail licensee specifying wherein the intended conduct of the business would be contrary to any provision of this article or any law relating to bail, such bail licensee shall not so conduct the bail licensee's business. If after such 10-day period the commissioner gives notice to such bail licensee specifying wherein the continued conduct of the bail licensee's bail business would be contrary to any provision of this article or any law relating to bail, the bail licensee shall discontinue to so conduct the bail licensee's business within such reasonable time as the commissioner may prescribe.
1. Change
without regulatory effect amending subsection (e), new subsection (f), relettering
of subsection (f) to (g) and adding NOTE filed 7-11-2016 pursuant to section
100, title 1, California Code of
Regulations (Register 2016, No. 29).
2. Change without regulatory effect
amending first paragraph and subsections (e) and (g) filed 7-14-2021 pursuant to
section 100, title 1, California Code of
Regulations (Register 2021, No. 29). Filing deadline specified in Government Code
section
11349.3(a)
extended 60 calendar days pursuant to Executive Order
N-40-20.
Note: Authority cited: Section 1812, Insurance Code. Reference: Sections 1800, 1800.75, 1800.8, 1801, 1802, 1802.1, 1802.2, 1802.5, 1802.6, 1802.7, 1802.71, 1802.72, 1802.73, 1802.74, 1802.75, 1803, 1804, 1805, 1806, 1807, 1809, 1810, 1812 and 1813, Insurance Code.
