Sec. 7. (a) Notwithstanding any other law, not later than thirty (30) days after the termination of a surety bail agent’s appointment, the surety bail agent shall pay to the former insurer or agent of the insurer to whom the surety bail agent reported on behalf of the former insurer any premium owed.

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Terms Used In Indiana Code 27-10-4-7

  • 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.
     (b) The commissioner may enforce this section in accordance with IC 27-10-3-9.

As added by P.L.102-2005, SEC.9.

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