MS | The Mississippi Department of Insurance (“MID”) has issued a bulletin to bail agents writing bail bonds in the state of Mississippi advising them of certain reporting requirements.
Senate Bill No. 2664 directs the Commissioner of Insurance to provide certain information to the Legislature concerning professional bail agents and reporting bonds to the bail bond database in Mississippi.
Miss. Code Ann. §83-39-13 provides that a licensee is to provide financial statements, maintain at least one office in Mississippi, as well as report bail bond information.
To read the complete bulletin, click here.