Section 760IAC1-6.2-9. Acceptance of collateral for bail bond; collateral receipt required


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  •    (a) Each bail agent who accepts collateral security for a bail bond shall maintain a copy of the bond and shall attach a copy of the receipt for the collateral received.

      (b) The copy of the receipt for the collateral security is not required to be filed with the court.

      (c) A bail agent may not refuse to return collateral based solely on the fact a person lost his or her receipt for the collateral. (Department of Insurance; 760 IAC 1-6.2-9; filed Jul 28, 1994, 4:00 p.m.: 17 IR 2863; readopted filed Sep 14, 2001, 12:22 p.m.: 25 IR 530; filed Jun 30, 2006, 3:30 p.m.: 20060726-IR-760050133FRA; readopted filed Nov 21, 2012, 4:15 p.m.: 20121219-IR-760120454RFA)