Licensing Requirements for Agents.

There do not appear to be any specific licensing requirement for bail recovery agents or anything of the exact equivalent. However, Kansas statutes provide, approval procedures for a “surety.” In addition, the Kansas Attorney General Opinion (below) provides further clarification on what a “surety” is. According to the opinion, non-insurance company bail bonds, or “pocket-bonds,” may only be issued by an individual and not a company. 22-2806’s requirements for surety approval, therefore, may have application and be limited to individuals

Synopsis: There are generally two types of bonds accepted by courts in criminal proceedings. Insurance bail bonds are issued by a licensed surety under the authority of K.S.A. 40-1102. Non-insurance company bail bonds (commonly referred to as ‘pocket bonds’) are issued under the authority of K.S.A. 22-2806. Only a natural person may write ‘pocket bonds’ under the authority and regulation of K.S.A. 22-2806. A company may not write ‘pocket bonds’ under the purported authority of K.S.A. 22-2806 as such action would be in violation of K.S.A. 40-214 and the Uniform Unauthorized Insurers Act, K.S.A. 40-2701 et seq. Cited herein: K.S.A. 22-2806; 40-201; 40-214; ) 40-1101; 40-1102; 40-2701 et seq.

 

Filed Rates (Premium must be charged in accordance with PSC -S3GA filed rates for this state.)

Premium Rate:  10%

Minimum Premium:  $100

Federal Rate:  15%

Department of Insurance

Collateral -Mortgage
State Surrender Time – 10 Days
Remission – Not Applicable

State Fees Per Bond - Not Applicable

NOTE: Homestead Exemption State