Code of Maryland Regulations
Title 31 - MARYLAND INSURANCE ADMINISTRATION
Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS
Chapter 31.03.05 - Bail Bonds
Section 31.03.05.12 - Forms
Universal Citation: MD Code Reg 31.03.05.12
Current through Register Vol. 51, No. 19, September 20, 2024
A bail bondsman shall:
A. Ensure that each document provided to, or executed by, the person signing the indemnity agreement contains the name and insurance producer license number of the bail bondsman providing the bail bondsman services and the bail bond insurance producer firm, if any; and
B. Provide the person to whom the bail bondsman services are provided with a copy of:
(1) A premium receipt at the time the premium is paid;
(2) A collateral receipt at the time the collateral is given; and
(3) An installment agreement or indemnity agreement at the time that any such document is signed.
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