Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 31. Maryland Insurance Administration |
Subtitle 03. INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS |
Chapter 31.03.05. Bail Bonds |
Sec. 31.03.05.12. Forms
Latest version.
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A bail bondsman shall:
A. Ensure that each document provided to, or executed by, the person signing the indemnity agreement contains the name and insurance producer license number of the bail bondsman providing the bail bondsman services and the bail bond insurance producer firm, if any; and
B. Provide the person to whom the bail bondsman services are provided with a copy of:
(1) A premium receipt at the time the premium is paid;
(2) A collateral receipt at the time the collateral is given; and
(3) An installment agreement or indemnity agreement at the time that any such document is signed.