A. An insurer may not:
- (1) Directly or indirectly pay any commission, fee, reward, or other consideration for the sale, solicitation, negotiation, or procurement, or for influencing the sale, solicitation, negotiation, or procurement of, a bail bond to any person unless that person is a bail bondsman, and is appointed by the surety insurer; or
- (2) Delegate its authority to appoint a bail bondsman.
- B. A person acting as a bail bondsman or a person acting on behalf of a bail bondsman may not in any manner sell, solicit, negotiate, or procure a bail bond for a surety insurer in this State unless that person is a bail bondsman and is appointed by the surety insurer.
- C. A bail bondsman may not submit to any clerk, District Court commissioner, or other person authorized by law to take a bail bond, a document representing consent by any person unless the document has been fully executed.
Authority: Insurance Article, §§2-108, 2-109(a)(1), 10-126, and 10-309, and Title 10, Subtitle 3, Annotated Code of Maryland
Effective date: January 2, 1993 (19:26 Md. R. 2287)
Chapter recodified from COMAR 09.30.94 to COMAR 31.03.05 effective September 7, 1998 (25:18 Md. R. 1439)
Chapter revised effective April 10, 2006 (33:7 Md. R. 675)
Chapter revised effective March 22, 2016 (43:2 Md. R. 128)
Regulation .09B amended February 12, 2018 (45:3 Md. R. 158)
Regulation .15 adopted February 12, 2018 (45:3 Md. R. 158)