Fla. Admin. Code Ann. R. 69B-221.120 - Pre-numbered Receipt as Evidence of Collateral

(1) Every bail bond agent who accepts any type of collateral in conjunction with a bail bond or undertaking which they execute must for such collateral received give to the person or persons giving the collateral a consecutively pre-numbered receipt as evidence thereof. The receipt shall state:

(a) The date;

(b) Name of the principal;

(c) Detailed description of collateral received;

(d) Whether the collateral will be maintained in the custody of the bail bond agent, managing general agent or surety company;

(e) Number of Power of Attorney form attached to the bond; and,

(f) The name of the person placing the collateral in the bail bond agent's trust.

(2) All receipts must contain the name, address and telephone number of both the surety company and agent.

(3) The receipt shall state that for any complaints or inquiries, you may contact the Department of Financial Services, Division of Consumer Services, 200 East Gaines Street, Tallahassee, FL 32399-0322, (877)693-5236 (in-state), (850)413-3089 (all areas), www.MyFloridaCFO.com/Division/Consumers.

(4) Every bail bond agent shall retain, in the individual file for each defendant, a duplicate copy of each receipt issued as part of their records pursuant to Section 648.36, F.S.

(5) The receipt shall be separate from and not part of the premium receipt referred to in Rule 69B-221.115, F.A.C.

(6) A temporary bail bond agent is prohibited from handling or accepting collateral until a properly executed receipt has been issued by a licensed and appointed bail bond agent as provided in this rule.

Notes

Fla. Admin. Code Ann. R. 69B-221.120

Rulemaking Authority 648.26 FS. Law Implemented 648.25(8), 648.36, 648.442(2) FS.

New 12-23-82, Formerly 4-1.021, Amended 9-10-91, Formerly 4-1.0021, Amended 4-14-97, 1-22-03, Formerly 4-221.120.

New 12-23-82, Formerly 4-1.021, Amended 9-10-91, Formerly 4-1.0021, Amended 4-14-97, 1-22-03, Formerly 4-221.120.