Each insurer appointing surety bondsmen, shall, prior to July first of each year, furnish the clerk of court a list of all surety bondsmen appointed by the insurer to write bail bonds on its behalf. Each insurer who subsequently appoints a surety bondsman in the State shall give notice of the appointment to the director or his designee and clerk of court of any county where the bondsman is doing business. All appointments are subject to the issuance of the proper insurance agent's license to the appointee.
An insurer terminating the appointment of a surety bondsman shall file written notice of the termination with the department, together with a statement that it has given or mailed notice to the surety bondsman and to the clerks of the circuit courts of the counties in the State where the insurer has been obligated on bail bonds through the agent within the past three years. Notice filed with the department shall state the reasons, if any, for termination. Information so furnished the director or his designee is privileged and may not be used as evidence in, or as the basis for, any action against the insurer or any of its representatives. All bonds written by a surety bondsman shall have attached the individual power of attorney in the amount of the bond.
HISTORY: Former 1976 Code Section 38-63-220 [1985 Act No. 189, Section 1] recodified as Section 38-53-210 by 1987 Act No. 155, Section 1; 1993 Act No. 181, Section 698; 1998 Act No. 425, Section 2.
Structure South Carolina Code of Laws
Chapter 53 - Bail Bondsmen And Runners
Section 38-53-10. Definitions.
Section 38-53-20. Enforcement of chapter.
Section 38-53-30. Validity of undertakings.
Section 38-53-40. Qualifications of surety.
Section 38-53-50. Surety relieved on bond; surrender of defendant; filing of new undertaking.
Section 38-53-60. Arrest of defendant.
Section 38-53-70. Issuance of bench warrant; remission of judgment.
Section 38-53-80. License required of bail bondsman and runners.
Section 38-53-85. Educational requirements for applicants; examination; exemption from requirement.
Section 38-53-90. Qualifications for licensure of professional bondsman, surety bondsman or runner.
Section 38-53-95. Address requirements for bondsman or runner license.
Section 38-53-102. Suspension of license.
Section 38-53-110. Financial statement required; examination.
Section 38-53-120. Additional requirements of runners.
Section 38-53-140. Expiration of license; renewal license.
Section 38-53-150. Denial, suspension, revocation, or refusal to renew license; monetary penalty.
Section 38-53-160. Notice and hearing required; right to appeal.
Section 38-53-170. Unlawful acts.
Section 38-53-180. Receipt for collateral required.
Section 38-53-190. Certain persons not allowed to be surety; exceptions.
Section 38-53-200. Power of attorney.
Section 38-53-210. Insurers shall supply list of surety bondsmen; termination of appointment.
Section 38-53-230. Professional bondsmen to supply list of runners; termination of appointment.
Section 38-53-240. Substitution of bail by sureties.
Section 38-53-250. Requirements for discharge of custody; substitution of undertaking.
Section 38-53-260. Registration of license and power of appointment.
Section 38-53-270. Professional bondsmen required to maintain security deposits with clerk of court.
Section 38-53-280. Securities held in trust.
Section 38-53-290. Professional bondsman shall deliver power of attorney to clerk of court; form.
Section 38-53-300. Reduction in value of securities.
Section 38-53-310. Written report to be filed with clerk of court.
Section 38-53-320. Examination by professional and surety bondsman.