Missouri Bail Bonds
The regular path is to write down bail under a present bail bondsman, they will be thought-about the general manager of the brand new bail agent. If the objective of the bail bondsman is to personal their very own business, they need to write bail under somebody for a while to show they will underwrite bail appropriately and then a surety would possibly take them in on their very own. Based upon the legislative historical past, it is clear that the definition of insurance coverage agent, and the exceptions thereto, that are contained in § 2101(a), aren’t applicable to bail bonds agents. One of the needs of the bill was particularly to get rid of overlapping or a number of statutory necessities and to consolidate the entire provisions relative to bail bonds in Section 331, now Article sixty eight.
These exclusions shall not be construed to restrict the ability of a licensed bail bondsman to make use of or contract with a licensed bail enforcement agent approved to do enterprise within the Commonwealth. Like many states, Missouri regulates the bail bond business through its Department of Insurance. If you wish to be a bail bond agent in Missouri, state law requires a minimum of 24 hours of primary training. The state issues two-yr licenses and eight hours of continuous education is required so as to renew a two-12 months license. The state also has a number of laws that regulate the actions of bail bond agents, particularly … Read More