Copyright © 2012 Surety 3: Designed By R. Dowston

Licensing Requirements for Agents.

***Missouri has extensive licensing provisions for “bail enforcement agents.”***

• Applications for examination and licensure as a bail bond agent or general bail bond agent shall be in writing and on forms prescribed and furnished by the department, and shall contain such information as the department requires.

• Each application shall be accompanied by proof satisfactory to the department that the applicant is a citizen of the United States, is at least twenty-one years of age, is of good moral character, and meets the qualifications for surety on bail bonds as provided by supreme court rule.
• Each application shall be accompanied by the examination and application fee set by the department. In addition, each applicant for licensure as a general bail bond agent shall furnish proof satisfactory to the department that the applicant, or, if the applicant is a corporation or partnership, that each officer or partner thereof has completed at least two years as a bail bond agent, as defined in sections 374.700 to 374.775, and that the applicant possesses liquid assets of at least ten thousand dollars, along with a duly executed assignment of ten thousand dollars to the state of Missouri, which assignment shall become effective upon the applicant’s violating any provision of sections 374.700 to 374.775.

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

Premium Rate:  10%

Minimum Premium:  $50

Federal Rate:  15%

Department of Insurance

Collateral - Deed of Trust Form
State Surrender Time - 180 Days
Remission – 30 day remission

State Fees Per Bond - Not Applicable