Sec. 7. (a) A renewal license shall be issued by the commissioner to a licensee who:
(1) has continuously maintained a license in effect;
(2) pays a renewal fee of:
(A) three hundred dollars ($300) for bail agents; and
(B) three hundred dollars ($300) for recovery agents;
(3) has fulfilled the continuing education requirement as required under subsection (b);
(4) satisfactorily completes a renewal examination if required by the commissioner; and
(5) has in all other respects complied with and been subject to this article.
(b) A licensee shall complete at least six (6) hours of continuing education courses that:
(1) are approved under section 7.1 of this chapter; and
(2) apply to the licensee's particular license, including instruction in the laws that relate to the conduct of a bail agent or recovery agent;
during each license period. A continuing education course that is used to fulfill the continuing education requirements for an insurance producer license under IC 27-1-15.7 may not be used to satisfy the continuing education requirement set forth in this section.
(c) After the receipt of the licensee's application for renewal, the current license continues in effect until the renewal license is issued, suspended, or denied for cause.
As added by P.L.261-1985, SEC.1. Amended by P.L.224-1993, SEC.18; P.L.102-2005, SEC.4; P.L.81-2012, SEC.39; P.L.187-2017, SEC.1.
Structure Indiana Code
Chapter 3. Licensure and Registration
27-10-3-1. Bail Agent and Recovery Agent; Licenses; Qualifications
27-10-3-2. Expiration of License; Reinstatement
27-10-3-3. Applications; Qualifications
27-10-3-4. Examination; Fees; Fingerprints and Photographs
27-10-3-5. Recovery Agent; Additional Licensing Requirements; Fees; Fingerprints and Photographs
27-10-3-6. Examination; Application
27-10-3-7. Renewal; Fees; Continuing Education
27-10-3-7.1. Continuing Education Course Approval; Fees; Criteria
27-10-3-8. Denial, Suspension, or Revocation of Licenses; Refusal to Renew
27-10-3-9. Suspension or Revocation of Licenses; Hearings; Witnesses; Attorneys; Penalty
27-10-3-10. Suspension or Revocation of Licenses; Appeals
27-10-3-11. Surety Bail Agents; Terminating Appointment; Premiums Owed; Remedies
27-10-3-12. Deposits in Accounts of Insurers or Agents; Reports
27-10-3-13. Discontinuing Business; Return of License
27-10-3-14. Recovery Agent; Use of Licensed Persons; List
27-10-3-15. Insurers; Deposits; Engaging in Bail Bond Business
27-10-3-17. Registration of Licenses; Power of Attorney
27-10-3-19. Duty of Commissioner Upon Receipt of Support Order; Reinstatement