760 IAC 1-6.2-5
760 IAC 1-6.2-5 Receipts for receiving and returning collateral
Cite as Ind. Admin. Code tit. 760, r. 1-6.2-5
Sec. 5. (a) When a bail agent accepts collateral, the agent shall give a written receipt. The receipt shall do the following:
(1) Identify the bond for which the collateral was received.
(2) Give a full description of the collateral.
(3) Name the individual giving the collateral.
(4) Specify the terms for redemption of the collateral.
(b) When a bail agent returns collateral, the agent shall give a written receipt. The receipt shall do the following:
(1) Identify the bond for which the collateral was received.
(2) Give a full description of the collateral returned.
(3) Include the signature of the person to whom the collateral was returned.