(a)
- (1) Every company shall file with the Professional Bail Bond Company and Professional Bail Bondsman Licensing Board a quarterly report as required by Arkansas Code § 17-19-303.
- (2) The report shall be made in the form as prescribed in Appendix E of this part.
- (3) The form shall be either typed or computer generated.
- (4) Bonds shall be listed in sequential number order.
(b)
- (1) The quarterly report due dates are as follows: Period Covered Due Date July 1 – September 30 October 15 October 1 – December 31 January 15 January 1 – March 31 April 15 April 1 – June 30 July 15
- (2) Quarterly reports must be received by the board on the above referenced due dates by 4:30 p.m.
(c)
- (1) Companies may request an extension of time for filing a quarterly report by submitting a written request to the Executive Director of the Professional Bail Bond Company and Professional Bail Bondsman Licensing Board.
- (2) Such request must be received and approved in advance of the due date and must be for good cause shown.
- (d) If the quarterly report is not received as required by subdivision (b)(2) of this section and no extension has been granted pursuant to subsection (c) of this section, the offending company may be suspended.
- (e) A penalty of one hundred dollars ($100) per day will be assessed until the report is received, beginning the day after the report is due.
- (f) The company license will be reinstated upon the payment of said penalty and the signing of a consent order.