No. 43067 (5-year Review): Rule R590-186. Bail Bond Surety Business  

  • DAR File No.: 43067
    Filed: 07/10/2018 05:18:11 PM

    NOTICE OF REVIEW AND STATEMENT OF CONTINUATION

    Concise explanation of the particular statutory provisions under which the rule is enacted and how these provisions authorize or require the rule:

    Section 31A-35-104 requires the Insurance Commissioner to adopt specific licensure and certification guidelines and standards of conduct for the bail bond business. Subsection 31A-35-301(1) authorizes the Insurance Commissioner to adopt rules necessary to administer Title 31A, Chapter 35. Subsection 31A-35-401(1)(c) authorizes the Insurance Commissioner to adopt rules governing the granting of licenses for bail bond surety companies. Subsection 31A-35-401(2) authorizes the Insurance Commissioner to require additional information from bail bond applicants applying for licensure. Subsection 31A-35-406(1)(b) authorizes the Insurance Commissioner to establish the annual renewal date for the renewal of a license as a bail bond surety company. This rule establishes uniform criteria and procedures for the initial and renewal licensing of a bail bond surety company, and sets standards of conduct for those in the bail bond surety business in Utah.

    Summary of written comments received during and since the last five-year review of the rule from interested persons supporting or opposing the rule:

    The Department of Insurance has received no written comments regarding this rule during the past five years.

    Reasoned justification for continuation of the rule, including reasons why the agency disagrees with comments in opposition to the rule, if any:

    This rule requires the Insurance Commissioner to adopt, by rule, specific licensure and certification guidelines and standards of conduct for the business of bail bond surety insurance. This rule also specifies certain conduct that is considered to be unprofessional and in violation of the Insurance Code. This is an important rule in training and regulating bail licensees in their conduct and licensure. Therefore, this rule should be continued.

    The full text of this rule may be inspected, during regular business hours, at the Office of Administrative Rules, or at:

    Insurance
    Administration
    Room 3110 STATE OFFICE BLDG
    450 N MAIN ST
    SALT LAKE CITY, UT 84114-1201

    Direct questions regarding this rule to:

    Effective:

    07/10/2018

    Authorized by:

    Steve Gooch, Information Specialist


Document Information

Effective Date:
7/10/2018
Publication Date:
08/01/2018
Type:
Five-Year Notices of Review and Statements of Continuation
Filed Date:
07/10/2018
Agencies:
Insurance, Administration
Authorized By:
Steve Gooch, Information Specialist
DAR File No.:
43067
Summary:

The Department of Insurance has received no written comments regarding this rule during the past five years.

CodeNo:
R590-186
CodeName:
{27096|R590-186|R590-186. Bail Bond Surety Business}
Link Address:
InsuranceAdministrationRoom 3110 STATE OFFICE BLDG450 N MAIN STSALT LAKE CITY, UT 84114-1201
Link Way:

Steve Gooch, by phone at 801-538-3803, by FAX at 801-538-3829, or by Internet E-mail at sgooch@utah.gov

AdditionalInfo:
More information about a Five-Year Notice of Review and Statement of Continuation is available online. The Portable Document Format (PDF) version of the Bulletin is the official version. The PDF version of this issue is available at https://rules.utah.gov/publicat/bull_pdf/2018/b20180801.pdf. The HTML edition of the Bulletin is a convenience copy. Any discrepancy between the PDF version and HTML version is resolved in favor of the PDF version. For questions regarding the content or ...
Related Chapter/Rule NO.: (1)
R590-186. Bail Bond Surety Business.