Md. Code Regs. 31.03.05.14

Current through Register Vol. 51, No. 24, December 2, 2024

Section 31.03.05.14 - Return of Collateral

A. Immediately upon the discharge of a bail bond, the bail bondsman shall return any collateral held by the bail bondsman. Upon receiving a request for return of collateral, the bail bondsman shall promptly determine whether the bail bond has been discharged.

B. The bail bondsman may deduct any unpaid premiums due on the bail bond from any collateral being returned.

Md. Code Regs. 31.03.05.14

Amended and recodified from .11 effective 43:2 Md. R. 128, eff.2/1/2016