31A-35-406. Renewal and reinstatement.
(1) (a) To renew its license under this chapter, on or before the last day of the month in
which the license expires a bail bond surety company shall:
(i) complete and submit a renewal application to the department; and
(ii) pay the department the applicable renewal fee established in accordance with Section
63J-1-504.
(b) A bail bond surety company shall renew its license under this chapter annually as
established by department rule, regardless of when the license is issued.
(2) A bail bond surety company may apply for reinstatement of an expired bail bond
surety company license within one year following the expiration of the license under Subsection
(1) by:
(a) submitting the renewal application required by Subsection (1); and
(b) paying a license reinstatement fee established in accordance with Section 63J-1-504.
(3) If a bail bond surety company license has been expired for more than one year, the
person applying for reinstatement of the bail bond surety license shall:
(a) submit a new application form to the commissioner; and
(b) pay the application fee established in accordance with Section 63J-1-504.
(4) If a bail bond surety company license is suspended, the applicant may not submit an
application for a bail bond surety company license until after the end of the period of suspension.
(5) Fees collected under this section shall be deposited in the restricted account created in
Section 31A-35-407.
Amended by Chapter 183, 2009 General Session
Amended by Chapter 349, 2009 General Session
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Last revised: Thursday, May 28, 2009