New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter II - Agents, Brokers And Adjusters
Part 28 - Professional Bail Bond Agents
Section 28.3 - Appointment of bail agents
Universal Citation: 11 NY Comp Codes Rules and Regs ยง 28.3
Current through Register Vol. 46, No. 39, September 25, 2024
(a) Every insurer and charitable bail organization shall file a certificate of appointment in such form as the superintendent may prescribe to appoint a bail agent to represent the insurer or charitable bail organization. The appointing insurer or charitable bail organization shall file the certificate of appointment within 15 days from the date the agency contract is executed.
(b) A certificate of appointment shall be valid until:
(1)
terminated by the appointing insurer or charitable bail organization in
accordance with the provisions of the agency contract;
(2) the bail agent's license is suspended or
revoked by the superintendent; or
(3) the bail agent's license expires and is
not renewed.
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