69B-221.135. Collateral Security Requirements

Effective on Monday, April 14, 1997

1(1) No bail bond agent shall accept collateral security or other indemnity of any type in an individual or aggregate amount totaling in excess of fifty thousand dollars ($50,000) cash per bond, except as provided by Sections 39648.442(1)(a)-40(e), F.S., or by this rule.

46(2) The meaning of “any other type of security” in Section 57648.442(1)(e), F.S., 59is defined to include only the following types of security:
69(a) Shares of stock of a close corporation, or

78(b) Patents, copyrights or trademarks.
83Specific Authority 85648.26 FS. 87Law Implemented 89648.442(1) FS. 91History–New 12-23-82, Formerly 4-1.142, Amended 9-10-91, Formerly 4-1.0142, Amended 4-14-97, Formerly 4-221.135.

Related Statutes:

Related Notices (6)

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        var href = decodeURIComponent(window.location.href);
                        var url = decodeURIComponent(escape(href.split("#")[0]));
                        url = decodeURIComponent(escape(url.split(",")[0]));
                        art.dialog.defaults.title = url;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');