(1) Every professional bondsman and professional bonding company must update the Board within seventy-two hours (72), as required by T.C.A. § 40-11-319, of the following information:
- (a) Any known arrest or citation for any misdemeanor or felony charge of the professional bondsman, owner of a professional bonding company, or any bonding agent related to the professional bondsman or professional bonding company;
- (b) Any known misdemeanor or felony conviction for the professional bondsman, owner of a professional bonding company, or any bonding agent related to the professional bondsman or professional bonding company;
- (c) Any known change in mailing address or contact information of the licensee, changes in ownership of a licensee, or changes in the corporate structure of a licensee; or
- (d) Any known denial or revocation of bonding privileges of the professional bonding company or any professional bondsman in any court.
- (2) A professional bonding company must notify the Board of any change in employment of any professional bondsman, professional surety bondsman, or bonding agent affiliated with the professional bonding company. This notice must be made within thirty (30) days of the change of employment. If a company is submitting notice of a change to its affiliated professional bondsmen, the notice must be accompanied by a one hundred dollar ($100.00) application fee if adding a professional bondsman. All information required by Rule 0780-05-20-.03 shall be provided with this application. The fee for this application shall be non-prorated and not refundable after thirty (30) days of application if no decision has been reached.
- (3) Failure to timely notify the Board of any update required by this rule may result in disciplinary action by the Board. Address and name changes, as well as employer information, will be included in the information verified by the Board during an audit.
Authority: T.C.A. §§ 40-11-301, 40-11-319, and 40-11-321. Administrative History: Emergency rules filed December 26, 2025; effective through June 24, 2026. New rules filed March 19, 2026; effective June 17, 2026.