PURPOSE: This rule sets the license and renewal fees for bail bond and general bail bond agents under sections 374.700-374.775, RSMo.
- (1) Each application for license as a general bail bond agent or bail bond agent must be accompanied by a licensing fee of twenty-five dollars ($25) for the one (1)-year license. The fee for renewal of the license shall also be twenty-five dollars ($25).
- (2) If a general bail bond agent or bail bond agent fails to file for renewal of his/her license on or before the expiration date, the Department of Insurance will issue a renewal of the license upon payment of a late renewal fee of twenty-five dollars ($25) per month or fraction of a month after the renewal deadline. In the alternative to payment of a late renewal fee, the former licensee may apply for a new license except that the former licensee must comply with all provisions of section 374.725, RSMo regarding issuance of a new license.
AUTHORITY: section 374.045, RSMo Supp. 1993.* Original rule filed March 14, 1994, effective Sept. 30, 1994. *Original authority 1967, amended 1993.