State Codes and Statutes

Statutes > Utah > Title-31a > Chapter-35 > 31a-35-406

31A-35-406. Renewal and reinstatement.
(1) (a) To renew its license under this chapter, on or before the last day of the month inwhich the license expires a bail bond surety company shall:
(i) complete and submit a renewal application to the department; and
(ii) pay the department the applicable renewal fee established in accordance with Section31A-3-103.
(b) A bail bond surety company shall renew its license under this chapter annually asestablished by department rule, regardless of when the license is issued.
(2) A bail bond surety company may apply for reinstatement of an expired bail bondsurety company license within one year following the expiration of the license under Subsection(1) by:
(a) submitting the renewal application required by Subsection (1); and
(b) paying a license reinstatement fee established in accordance with Section 31A-3-103.
(3) If a bail bond surety company license has been expired for more than one year, theperson applying for reinstatement of the bail bond surety license shall:
(a) submit a new application form to the commissioner; and
(b) pay the application fee established in accordance with Section 31A-3-103.
(4) If a bail bond surety company license is suspended, the applicant may not submit anapplication for a bail bond surety company license until after the end of the period of suspension.
(5) A fee collected under this section shall be deposited in the restricted account createdin Section 31A-35-407.

Amended by Chapter 10, 2010 General Session