PURPOSE: This rule sets the license and renewal fees for bail bond, general bail bond agents and surety recovery agents under sections 374.700–374.789, RSMo Supp. 2004.

1. (1) Each application for license as a general bail bond agent, bail bond agent or surety recovery agent must be accompanied by a licensing fee of one hundred fifty dollars ($150) for the two (2)-year license. The fee for renewal of the license shall also be one hundred fifty dollars ($150) for a biennial license.
2. (2) If a general bail bond agent, bail bond agent or surety recovery 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 sections 374.710 and 374.784, RSMo regarding issuance of a new license.

AUTHORITY: sections 374.045, RSMo 2000 and 374.705, 374.710, 374.730, 374.783, 374.784 and 374.786, RSMo Supp. 2004.* Original rule filed March 14, 1994, effective Sept. 30, 1994. Amended: Filed Sept. 14, 2004, effective March 30, 2005. *Original authority 374.045, RSMo 1967, amended 1993, 1995; 374.705, RSMo 1983, amended 1993, 2004; 374.710, RSMo 1983, amended 1993, 2004; 374.730, RSMo 1983, amended 2004; 374.783, RSMo 2004; 374.784, RSMo 2004; and 374.786, RSMo 2004.