Change of Status Notification for Bail Bond Agents, General Bail Bond Agents and Surety Recovery Agents

PURPOSE: This rule sets the requirements for notification of the Department of Commerce and Insurance of a change in status of specified information provided on the original application. (1) Bail bond agents, general bail bond agents and surety recovery agents shall inform the director of a change of name or change of address within thirty (30) days of the change by submitting a change in status form which may be obtained on the department website at www.insurance.mo.gov or at the offices of the department. (2) General bail bond corporations shall inform the director of a change of officers/owners within thirty (30) days of the change by submitting a change in status form which may be obtained on the department website at www.insurance.mo.gov or at the offices of the department. (3) Failure to timely inform the director of the changes described in this rule may result in a forfeiture not to exceed the sum of ten dollars ($10) per month. AUTHORITY: section 374.045, RSMo 2000 and sections 374.705, 374.710, and 374.784, RSMo Supp. 2007.* Original rule filed Sept. 14, 2004, effective March 30, 2005. Amended: Filed Nov. 30, 2007, effective July 30, 2008. Non-substantive change filed Sept. 11, 2019, published Oct. 31, 2019. *Original authority: 374.045, RSMo 1967, amended 1993, 1995; 374.705, RSMo 1983, amended 1993, 2004; 374.710, RSMo 1983, amended 1995, 2004; and 374.784, RSMo 2004.