§ 31A-35-401.5 — Additional licensure requirements for a bail bond agency.

Utah § 31A-35-401.5

• Jurisdiction: Utah
• Title 31A: Insurance Code
• Ch. 31A-35: Bail Bond Act
• Part 31A-35-4: Certificate of Authority

Text

(1) A person applying for licensure or the reinstatement of a license as a bail bond agency shall, in addition to the requirements of Section 31A-35-401, provide proof that at least one principal of the bail bond agency will have a minimum of 2,000 hours of experience working as an employee of a bail bond agency as a licensed bail bond producer.
(2) The applicant shall provide proof of the experience claimed under Subsection (1), including providing:

(2)(a) the exact details of the character and nature of the experience on a form provided by the department;
(2)(b) a statement by each employer verifying the number of hours the applicant worked for the employer; and
(2)(c) (2)(c)(i) federal income reporting forms that account for the wages for hours claimed or documented approval of the claimed hours by the insurance commissioner; and
(2)(c)(ii) the total of 2,000 hours may be proved in part by federal income reporting forms and in part by approval by the insurance commissioner.
(3) The burden of proving the hours of experience as required in this section is upon the applicant.

Legislative History

Amended by Chapter 234, 2016 General Session