Title 38a, Title 38a: Insurance

Sec. 38a-660d. Fiduciary duty. Record-keeping. Penalty. (a) All premiums, including any part of a premium that a surety bail bond agent is obligated to return to a principal or indemnitor, and other funds belonging to insurers or others that are received by a surety bail bond age…

Sec. 38a-660e. Records of bail bonds. Each surety bail bond agent shall maintain all records of surety bail bonds executed or countersigned by such agent for at least three years after the liability of the insurer has been terminated. Such records shall be open at all times to ex…

Sec. 38a-660f. Build-up funds. (a) A surety bail bond agent or a managing general agent shall post build-up funds with an insurer or managing general agent pursuant to the surety bail bond agent's contract with the insurer or managing general agent or the managing general agent's…

Sec. 38a-660g. Collateral security or other indemnity on a bail bond. (a) A surety bail bond agent may receive collateral security or other indemnity on a bail bond. (b) A surety bail bond agent who receives collateral security or other indemnity on a bail bond shall comply with …

Sec. 38a-660h. Return of collateral security or other indemnity. Penalty. (a) If collateral security or other indemnity was received on a bail bond by a surety bail bond agent and such bond is terminated, the insurer, managing general agent or surety bail bond agent shall return …

Sec. 38a-660i. Provision of certain supplies to person other than licensed, appointed surety bail bond agent prohibited. Exception. Liability. (a) No insurer, managing general agent or surety bail bond agent shall furnish to any person any blank form, application, stationery, bus…

Sec. 38a-660j. Prohibited acts. (a) No surety bail bond agent or insurer shall: (1) Suggest or advise, in exchange for a fee or other consideration, the employment of or name for employment of any particular attorney to represent the principal on a bail bond; (2) Solicit business…

Sec. 38a-660k. Reporting requirements. Annual meeting. (a) Each insurer and each surety bail bond agent that executes bail bonds in this state shall maintain and transmit the following records, based on such insurer's or such agent's Connecticut bail bond business, to the Insuran…

Sec. 38a-660l. Suspension or revocation of license. Fine. Appeal. (a) The commissioner may suspend or revoke the license of a surety bail bond agent, or may impose a fine in lieu of or in addition to such suspension or revocation in accordance with section 38a-774 for any violati…

Sec. 38a-660m. Regulations. The commissioner may adopt regulations, in accordance with the provisions of chapter 54, to (1) implement the provisions of section 38a-660 and sections 38a-660b to 38a-660k, inclusive, and (2) establish continuing education requirements for persons li…