2023 New York Laws › ISC - Insurance › Article 68 - Bail Bonds › 6805 - Charitable Bail Organization.

§  6805.  Charitable  bail organization. (a)(1) The superintendent may
issue a certificate to a charitable bail organization to  deposit  money
as  bail  for  another in accordance with the provisions of this section
only if such entity is a non-profit organization organized  pursuant  to
the  United  States  internal  revenue  code  as  described  by  section
501(c)(3) of title 26 of the United States  code,  is  registered  as  a
charity  pursuant to article seven-A of the executive law and is current
on such registration.
(2) The application for a  charitable  bail  organization  certificate
shall  be in such form or forms, and shall contain relevant information,
as the superintendent shall prescribe.
(3)  The  superintendent  may  refuse  to  issue  a  charitable   bail
organization  certificate  if,  in  the  superintendent's  judgment,  an
applicant, or  an  officer  or  director  of  the  applicant,  has:  (A)
demonstrated  untrustworthiness or incompetence; (B) given cause for the
revocation or suspension of the certificate; or  (C)  failed  to  comply
with any prerequisite for the issuance of the certificate.
(4)  A  charitable  bail organization certificate shall be valid for a
term of five years from issuance. At the time of application  for  every
such  certificate, and for every renewal thereof, an applicant shall pay
to the superintendent a sum of one thousand dollars payable each term or
fraction of a term, provided, however, that in his  or  her  discretion,
the superintendent may waive such fee.
(5)  If an application for a renewal certificate shall have been filed
with the superintendent before the expiration of such certificate,  then
the  certificate  sought  to be renewed shall continue in full force and
effect either until the issuance by the superintendent  or  the  renewal
certificate  applied  for  or  until  five days after the superintendent
shall have refused to issue such renewal certificate.
(6) The superintendent may refuse to renew or may revoke or suspend  a
charitable   bail  organization  certificate  for  a  reasonable  period
determined by the superintendent  if,  after  notice  and  hearing,  the
superintendent  determines  that an applicant or licensee, or an officer
or  director  of  the  applicant  or  licensee,  has:  (A)  demonstrated
untrustworthiness   or   incompetence;  (B)  violated  this  section  or
authorized regulations promulgated thereunder; or  (C)  failed  to  stay
current with their registration as a charity pursuant to article seven-A
of  the  executive  law.  Any hearing conducted under this section shall
comply with the requirements  of  section  three  hundred  five  of  the
financial services law.
(b) A charitable bail organization shall:
(1)  only  deposit money as bail in the amount of two thousand dollars
or less for a defendant charged with one or more misdemeanors, provided,
however, that such organization shall not execute as surety any bond for
any defendant;
(2) only  deposit  money  as  bail  on  behalf  of  a  person  who  is
financially  unable  to post bail, which may constitute a portion or the
whole amount of such bail;
(3) only deposit money as bail in one county in this state.  Provided,
however,  that  a  charitable bail organization whose principal place of
business is located within a city of a million or more may deposit money
as bail in the five counties comprising such city; and
(4) not charge a premium or  receive  compensation  for  acting  as  a
charitable bail organization.
(c)  The  superintendent  may promulgate regulations implementing this
section.