Utah Admin. Code R590-196-4 - Premium and Fee Standards

(1) Initial bail bond premium and fees.

(a) Bail bond premium amounts:

(i) the minimum premium charged may not be less than 10% of the bail bond amount;

(ii) the maximum premium charged may not exceed 20% of the bail bond amount.

(b) A document preparation fee may not exceed $20 per set of forms relating to a bail bond.

(c) A credit card fee may not exceed 5% of the amount charged to a credit card.

(2) Additional fees.

(a) Fees are limited to actual and reasonable expenses incurred by a surety insurer or a bail bond agency when:

(i) the defendant fails to appear before the court at a designated date and time;

(ii) the defendant fails to comply with a court order; or

(iii) the defendant or the co-signer fails to comply with the terms of a bail bond agreement or a promissory note relating to that agreement.

(b) Reasonable mileage expense fees are allowed pursuant to the Internal Revenue Service standard mileage rates for a business.

(c) Reasonable apprehension expenses such as meals, lodging, commercial travel, and communication , regardless of whether the defendant is apprehended, are limited to actual expenses incurred and must be reasonable, for example, meals at mid-range restaurants, lodging at mid-range hotels, commercial travel in coach class, etc.

(d) Collateral expense fees are allowed for:

(i) actual expenses to obtain collateral; and

(ii) storage expenses, if in a secured storage area, limited to actual expenses.

(e) A late payment fee of $20 or 5% of the delinquent periodic payment, whichever is less, is allowed.

(f) If a fee is charged by a court or a jail to process a bail bond, the actual fee charged may be passed through to the defendant or the co-signer.

Notes

Utah Admin. Code R590-196-4

Amended by Utah State Bulletin Number 2022-12, effective 6/7/2022