Florida Statutes 648.39 – Termination of appointment of managing general agents, bail bond agents, and bail bond agencies
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Terms Used In Florida Statutes 648.39
- Appointment: means the authority given by an insurer or the managing general agent of an insurer through the department to a licensee to transact insurance or adjust claims on behalf of the insurer or managing general agent. See Florida Statutes 648.25
- Arrest: Taking physical custody of a person by lawful authority.
- Bail: Security given for the release of a criminal defendant or witness from legal custody (usually in the form of money) to secure his/her appearance on the day and time appointed.
- Bail bond agency: means :(a) The building where a licensee maintains an office and where all records required by ss. See Florida Statutes 648.25
- Bail bond agent: means a limited surety agent or a professional bail bond agent as hereafter defined. See Florida Statutes 648.25
- Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
- Insurer: means any domestic, foreign, or alien surety company which has been authorized to transact surety business in this state. See Florida Statutes 648.25
- Managing general agent: means any individual, partnership, association, or corporation appointed or employed by an insurer to supervise or manage the bail bond business written in this state by limited surety agents appointed by the insurer. See Florida Statutes 648.25
- person: includes individuals, children, firms, associations, joint adventures, partnerships, estates, trusts, business trusts, syndicates, fiduciaries, corporations, and all other groups or combinations. See Florida Statutes 1.01
(1) An insurer that terminates the appointment of a managing general agent, bail bond agent, or bail bond agency shall, within 10 days after such termination, file written notice thereof with the department together with a statement that it has given or mailed notice to the terminated agent or agency. Such notice filed with the department must state the reasons, if any, for such termination. Information so furnished to the department is confidential and exempt from s. 119.07(1).(2) Each insurer shall, within 5 days after terminating the appointment of any managing general agent, bail bond agent, or bail bond agency, give written notice thereof to each clerk of the circuit court and sheriff with whom such person is registered.(3) An insurer that terminates the appointment of a managing general agent or bail bond agent may authorize such person to continue to attempt the arrest and surrender of a defendant for whom a surety bond had been written by the bail bond agent before termination and to seek discharge of forfeitures and judgments as provided in chapter 903.