1. A. Every surety who appoints a surety bondsman or managing general agent in the state, shall give notice thereof to the Insurance Commissioner. The filing fee for appointment of each surety bondsman or managing general agent shall be Ten Dollars ($10.00), payable to the Commissioner and shall be submitted with the appointment. The appointment shall remain in effect until the surety submits a notice of cancellation to the Commissioner, the bail bondsman’s license expires, or the Commissioner cancels the appointment. If the surety changes the liability limitations of the surety bondsman or the managing general agent, or any other provisions of the appointment, the surety shall submit an amended appointment form and a filing fee of Ten Dollars ($10.00) payable to the Commissioner.
2. B. A surety terminating the appointment of a surety bondsman or managing general agent immediately shall file written notice thereof with the Commissioner, together with a statement that it has given or mailed notice to the surety bondsman or managing general agent. The notice filed with the Commissioner shall state the reasons, if any, for the termination.
3. C. Prior to issuance of a new surety appointment for a surety bondsman or managing general agent, the bondsman or agent shall file an affidavit with the Commissioner stating that no forfeitures are owed to any court, no fines are owed to the insurance department, and no premiums or indemnification for forfeitures or fines are owed to any insurer. This provision shall not require that all outstanding liabilities have been exonerated, but may provide that the liabilities are still being monitored by the bondsman or agent.
4. D. Every bail bondsman who negotiates and posts a bond shall, in any controversy between the defendant, indemnitor, or guarantor and the bail bondsman or surety, be regarded as representing the surety. This provision shall not affect the apparent authority of a bail bondsman as an agent for the insurer.

Laws 1965, HB 642, c. 184, § 17, eff. January 1, 1966; Amended by Laws 1984, SB 433, c. 225, § 18, emerg. eff. May 23, 1984; Amended by Laws 1987, HB 1033, c. 211, § 17, eff. November 1, 1987; Amended by Laws 1989, SB 339, c. 257, § 8, eff. November 1, 1989; Amended by Laws 1990, HB 1775, c. 195, § 7, emerg. eff. May 10, 1990; Amended by Laws 1995, SB 577, c. 357, § 4, eff. November 1, 1995; Amended by Laws 2004, SB 1381, c. 167, § 1, eff. November 1, 2004 (superseded document available); Amended by Laws 2008, SB 2122, c. 184, § 30, emerg. eff. July 1, 2008 (superseded document available).