California Code of Regulations › Title 10 - Investment › Chapter 5 - Insurance Commissioner › Subchapter 1 - Production of Insurance › Article 2 - Bail Transactions › Subarticle 4 - Conduct of Bail Licensees › Section 2065 - Business in Specified Capacities Only and Notices

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Every bail agent or permittee shall conduct the bail
						agent or permittee's bail business:
(a) As an individual;
(b) As a member of a partnership as provided
					 in Section
					 2061;
(c) As an employee of another bail agent or
					 permittee as provided in Section
					 2062;
(d) As the temporary associate of another
					 bail agent or permittee in the joint transaction of bail if such temporary
					 association is limited to a single transaction or to a series of related
					 transactions;
(e) As the temporary
					 conductor of the bail business of another bail agent or permittee during a
					 period of the other bail agent's or permittee's temporary absence;
(f) As a corporation pursuant to Insurance
					 Code section
					 1810;
					 or
(g) In any other lawful manner
					 provided written notice is filed with the commissioner by the bail licensee at
					 least 10 days prior to the bail licensee so conducting the bail licensee's bail
					 business setting forth full details of the manner in which the business will be
					 conducted and the names of all persons, if any, to be associated with the bail
					 licensee. If prior to the expiration of such 10-day period the commissioner
					 gives notice to such bail licensee specifying wherein the intended conduct of
					 the business would be contrary to any provision of this article or any law
					 relating to bail, such bail licensee shall not so conduct the bail licensee's
					 business. If after such 10-day period the commissioner gives notice to such
					 bail licensee specifying wherein the continued conduct of the bail licensee's
					 bail business would be contrary to any provision of this article or any law
					 relating to bail, the bail licensee shall discontinue to so conduct the bail
					 licensee's business within such reasonable time as the commissioner may
					 prescribe.
1. Change
						without regulatory effect amending subsection (e), new subsection (f),
						relettering of subsection (f) to (g) and adding NOTE filed 7-11-2016 pursuant
						to section
						100, title 1, California Code of
						Regulations (Register 2016, No. 29).
2. Change without regulatory
						effect amending first paragraph and subsections (e) and (g) filed 7-14-2021
						pursuant to section
						100, title 1, California Code of
						Regulations (Register 2021, No. 29). Filing deadline specified in Government
						Code section
						11349.3(a)
						extended 60 calendar days pursuant to Executive Order
						N-40-20.
Note: Authority cited: Section
						  1812,
						  Insurance Code. Reference: Sections
						  1800,
						  1800.75,
						  1800.8,
						  1801,
						  1802,
						  1802.1,
						  1802.2,
						  1802.5,
						  1802.6,
						  1802.7,
						  1802.71,
						  1802.72,
						  1802.73,
						  1802.74,
						  1802.75,
						  1803,
						  1804,
						  1805,
						  1806,
						  1807,
						  1809,
						  1810,
						  1812 and
						  1813,
						  Insurance Code.