13790216, 69B-221.155 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 13790216

Notice of Proposed Rule

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

Division of Insurance Agent and Agency Services

Chapter:

BAIL, BONDS, AND BAIL BOND AGENTS

Overview

RULE:

69B-221.155

Forms

PURPOSE:

Section 648.285(2), F.S., provides that if the owner of a bail bond agency dies or becomes mentally incapacitated, a personal representative or legal guardian may be issued a temporary permit to manage the affairs of the bail bond agency. The application for a temporary permit must be made by the personal representative or legal guardian upon statements and affidavits filed with the Department on forms prescribed and furnished by it. The rule will allow a bail bond agency to continue operating after the death or incapacity of the licensed owner without requiring the person acting as the personal representative or legal guardian to obtain a license. The agency can then be sold and the proceeds added to the estate of the agent, or the personal representative can use the temporary permit to continue running and receiving profits from the agency while a permanent license is obtained.

SUMMARY:

The proposed rule amendment will adopt the form to be used by the unlicensed personal representative or legal guardian to obtain a temporary permit to operate a bail bond agency after the death or incapacity of the agency’s owner. The rule also adopts the certificate that will be issued once the permit is granted.

RULEMAKING AUTHORITY:

624.308(1), 648.26(1)(a) FS

LAW:

624.501(6), (14), (21), 648.26(1)(a), 648.27, 648.285, 648.34, 648.355, 648.382, 648.383, 648.384, 648.39, 648.442(8) FS

PRINT PUBLISH DATE:

11/7/2013 Vol. 39/218

COMMENTS:

From 11/7/2013 To 11/28/2013 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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