760 IAC 1-6.2-8
760 IAC 1-6.2-8 Records must be kept; information required
Cite as Ind. Admin. Code tit. 760, r. 1-6.2-8
Sec. 8. (a) Every bail agent shall keep complete records of all business done under authority of the:
(1) agent's license; or
(2) license of any bail agent employed by the agent.
All records kept by the bail agent, including all documents and copies thereof, shall be open to inspection or examination by the commissioner
or his or her representatives at all reasonable times at the principal place of business of the bail agent as designated in the bail agent's
license.
(b) The records for each bail bond executed shall include, but not be limited to, the following:
(1) The original application for a bond.
(2) A copy of the power of attorney used pursuant to the application and issued bond.
(3) A dated, serially numbered receipt for premium payment evidencing the power of attorney used for the bond, signed by both of
the following:
(A) The paying individual.
(B) The receiving bail agent.
(4) Collateral receipts, if any, issued for each bond.
(5) Complete accounting records reflecting all premiums received and disbursements.