Applicability

Applicability This regulation shall apply to those terms defined in Miss. Code Ann. §83-39-1 (Supp. 1994). A. Any person, individual or corporation as defined in Miss. Code Ann. §83-39-1 (Supp. 1994), found in violation of Miss. Code Ann. §§83-39-3, 83-39-5, 83-39-13, 83-39-15, 83-39-25 (Supp. 1994) and or their subsections may be fined up to One Thousand Dollars ($1,000.00) per violation and/or their license refused, suspended, revoked or the renewal thereof refused. B. Any person, individual or corporation as defined in Miss. Code Ann. §83-39-1 (Supp. 1994), found in violation of Miss. Code Ann. §83-39-7(Supp. 1994) by allowing Revocation Orders to be sent to the Mississippi Insurance Department may be fined as per the following schedule: 1. First order up to $500.00 fine. 2. Second order within twelve (12) months of first order up to $1,000.00 fine. 3. Third order within twelve (12) months of the first order up to $5000.00 fine and or up to six (6) month license suspension. 4. Fourth order within twelve (12) months of first order, the permanent revocation of the professional bail agent’s license and/or up to $10,000.00 fine. C. Any violation not covered under B herein may carry a fine of up to One Thousand Dollars (1,000.00) per violation and/or license suspension. D. Any applicant not able to prove “Good Moral Character” required under Miss. Code Ann. §83-39-9 (Supp. 1994), may have his/her license denied, suspended, revoked or refused at renewal under of Miss. Code Ann. §83-39-5 (a) (Supp. 1994). E. Any “repeated” violation other than forfeitures on Revocation Orders within a twelve (12) month period may have the following penalty: 1. Second offense within a twelve (12) month period up to $5,000.00 per violation. 2. Third offense within a twelve (12) month period up to $5,000.00 and/or license suspension. 3. Fourth offense within a twelve (12) month period up to $5,000.00 and/or permanent revocation of license.