UT | The Utah Insurance Department has issued Bulletin 2024-3.
It is well-established that a bail bond agency has two options when facing a forfeiture judgment – challenge it or pay it. Utah Code § 31A-35-504(2). If the agency does neither, the prosecutor in the case must notify the Department of this fact. Id. And once notified, the Department must suspend the agency’s license if the judgment isn’t paid within the next five days. Id. at § 31A-35-504(3). The Department has no statutory discretion to do otherwise, even if the court erred in entering the judgment or the prosecutor mistakenly notified the Department. Id. Instead of contacting the Department, an agency in this situation should consider contacting the court or the prosecutor for relief.