LAC 37:XIII.18715

LAC 37:XIII.18715. Deductions from Collateral

Last amended: 2022Year: 2026Length: 106 wordsOfficial source

Cite as La. Admin. Code tit. 37, pt. XIII, § 18715

A. Only the premium amounts, fees, and expenses authorized pursuant to R.S. 22:1443, or as otherwise permitted in accordance with applicable state law, shall be recoverable by any bail bond producer or surety. No fee or other charge of any nature shall be deducted from the collateral due or charged in association with the storage or keeping of the collateral by the bail bond producer or surety. B. A documented and itemized list of any such fees or expenses shall be given to the person who pledged the collateral. A copy of such documentation and itemization shall also be available to the Commissioner upon his request.
LAC 37:XIII.18715: LAC 37:XIII.18715. Deductions from Collateral | Justis AI