Licensing Requirements for Agents
- NJ’s statutes currently do not contain regulations for regarding the licensing of bail bond recovery
or bail enforcement agents.
- No person shall act as a bail runner without being duly licensed as a private detective under P.L.1939,
c.369 (C.45:19-8 et seq.) and meeting such other educational and experience requirements as are deemed necessary by the superintendent.
+>> Any person, firm, association or corporation who shall violate any of the provisions of this section shall be guilty of
a <<- misdemeanor.
- No license shall be issued to a person under the age of 25 years, nor to any person, firm, association or
corporation unless such person or at least one member of the firm and one officer or director of the association or corporation has
had at least 5 years’ experience as an investigator or as a police officer with an organized police department of the State or a county
or municipality thereof, or with an investigative agency of the United States of America or any State, county or municipality thereof.
- No person shall be employed by any holder of a license until he shall have executed and furnished to such license holder a verified
statement, to be known as “employee’s statement,” setting forth:
(a) His full name, age, residence address, and place of and date of
birth.
(b) The country of which he is a citizen.
(c) The business or occupation engaged in for the five years immediately preceding
the date of the filing of the statement, setting forth the place or places where such business or occupation was engaged in, and the
name or names of employers, if any.
(d) That he has not been convicted of a high misdemeanor crime or of any offense involving
moral turpitude or of any of the misdemeanors or offenses described in this section.
(e) Such further information as the superintendent
may by rule require to show the good character, competency, and integrity of the person executing the statement.
Filed Rates (Premium
must be charged in accordance with the filed rates for this state.)
Statutory Rates (Premium must be charged in accordance with PSC
-S3GA filed rates for this state.)
Premium Rate: 12%
Minimum Premium: $60
Federal Rate: 12%
Collateral
- Mortgage Form
State Surrender Time - 180 Days
Remission – Not Applicable
State Fees Per Bond - 2% of Liability of bond
(must be added
to price quote)
Sheriff's Fee: $30 per bond
Licensing Requirements for Agents
- NJ’s statutes currently do not contain regulations for regarding the licensing of bail bond recovery or bail enforcement agents.
- No person shall act as a bail runner without being duly licensed as a private detective under P.L.1939, c.369 (C.45:19-8 et seq.) and meeting such other educational and experience requirements as are deemed necessary by the superintendent. +>> Any person, firm, association or corporation who shall violate any of the provisions of this section shall be guilty of a <<- misdemeanor.
- No license shall be issued to a person under the age of 25 years, nor to any person, firm, association or corporation unless such person or at least one member of the firm and one officer or director of the association or corporation has had at least 5 years’ experience as an investigator or as a police officer with an organized police department of the State or a county or municipality thereof, or with an investigative agency of the United States of America or any State, county or municipality thereof.
- No person shall be employed by any holder of a license until he shall have executed and furnished to such license holder a verified statement, to be known as “employee’s statement,” setting forth:
(a) His full name, age, residence address, and place of and date of birth.
(b) The country of which he is a citizen.
(c) The business or occupation engaged in for the five years immediately preceding the date of the filing of the statement, setting forth the place or places where such business or occupation was engaged in, and the name or names of employers, if any.
(d) That he has not been convicted of a high misdemeanor crime or of any offense involving moral turpitude or of any of the misdemeanors or offenses described in this section.
(e) Such further information as the superintendent may by rule require to show the good character, competency, and integrity of the person executing the statement.
Filed Rates (Premium must be charged in accordance with the filed rates for this state.)
Remission – Not Applicable
Sheriff's Fee: $30 per bond
