31A-35-202. Board responsibilities.

205 words·~1 min read·/ut/title-31a/chapter-35/31a-35-202·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Effective 5/1/2024

(1)The board shall:

(a)meet:

(i)at least quarterly; and

(ii)at the call of the chair;

(b)make written recommendations to the commissioner for rules governing the following aspects of the bail bond insurance business:

(i)qualifications, applications, and fees for obtaining:

(A)a license required by this Section 31A-35-401 ; or

(B)a certificate;

(ii)limits on the aggregate amounts of bail bonds;

(iii)unprofessional conduct;

(iv)procedures for hearing and resolving allegations of unprofessional conduct; and

(v)sanctions for unprofessional conduct;

(c)screen:

(i)bail bond agency license applications; and

(ii)persons applying for a bail bond agency license; and

(d)recommend to the commissioner action regarding the granting, suspending, revoking, and reinstating of bail bond agency license.

(2)Nothing in Subsection (1)(d) precludes the commissioner from suspending a license under Section 31A-35-504 .

(3)The board may:

(a)conduct investigations of allegations of unprofessional conduct on the part of persons or bail bond agencies involved in the business of bail bond insurance; and

(b)provide the results of the investigations described in Subsection (3)(a) to the commissioner with recommendations for:

(i)action; and

(ii)any appropriate sanctions.

Amended by Chapter 120 , 2024 General Session