☰ Revisor of Missouri

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 374

< > Effective - 28 Aug 2004 bottom

  374.783.  Surety recovery agents, license required — director to license, powers. — 1.  No person shall hold himself or herself out as being a surety recovery agent in this state, unless such person is licensed in accordance with the provisions of sections 374.783 to 374.789.  Licensed bail bond agents and general bail bond agents may perform fugitive recovery without being licensed as a surety recovery agent.

  2.  The director shall have authority to license all surety recovery agents in this state.  The director shall have control and supervision over the licensing of such agents and the enforcement of the terms and provisions of sections 374.783 to 374.789.

  3.  The director shall have the power to:

  (1)  Set and determine the amount of the fees authorized and required pursuant to sections 374.783 to 374.789.  The fees shall be set at a level sufficient to produce revenue which shall not substantially exceed the cost and expense of administering sections 374.783 to 374.789.  However, such fees shall not exceed one hundred fifty dollars for a two-year license; and

  (2)  Determine the sufficient qualifications of applicants for a license.

  4.  The director shall license for a period of two years all surety recovery agents in this state who meet the requirements of sections 374.783 to 374.789.

­­--------

(L. 2004 S.B. 1122)


---- end of effective  28 Aug 2004 ----

use this link to bookmark section  374.783


Click here for the Reorganization Act of 1974 - or - Concurrent Resolutions Having Force & Effect of Law
In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions End Report

Site changes Pictures Contact

Other Links
Legislative Research Oversight MOLIS
Library MO WebMasters
Senate
Missouri Senate
State of Missouri
MO.gov
House
Missouri House