Bail Bonds Regulation
Public Act 11-45, enacted by the 2011 General Assembly, took effect October 1, 2011 and resulted in new mandates for the surety bail bonds industry. There is now a required assessment fee of $450 a year for audits as well as regulations overseeing mandated record-keeping, monthly reports, premium financing and collateral security requirements. This site contains detailed information on the law, FAQs and required forms that can be downloaded. Questions can be e-mailed to email@example.com
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Content Last Modified on 11/18/2016 11:00:51 AM