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H. 3765
STATUS INFORMATION
General Bill
Sponsors: Rep. Pitts
Document Path: l:\council\bills\agm\18553ab15.docx
Introduced in the House on March 3, 2015
Currently residing in the House Committee on Judiciary
Summary: Bail Bondsmen and Runners
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
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3/3/2015 House Introduced and read first time (House Journal-page 21)
3/3/2015 House Referred to Committee on Judiciary
(House Journal-page 21)
View the latest legislative information at the website
VERSIONS OF THIS BILL
TO AMEND SECTION 38-53-170, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO EXCEPTIONS TO THE PROHIBITION ON ACCEPTING THINGS OF VALUE BY BAIL BONDSMEN AND RUNNERS, SO AS TO REVISE CERTAIN MINIMUM FEES THAT BAIL BONDSMEN AND RUNNERS MAY ACCEPT.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 38-53-170(e) of the 1976 Code is amended to read:
"(e) accept anything of value from a principal except the premium, which may not exceed fifteen percent of the face amount of the bond, with a minimum fee of twenty-five dollars five percent of the face value of the bond. However, the bondsman is permitted to accept collateral security or other indemnity from the principal which must be returned upon final termination of liability on the bond. The bondsman shall identify who is paying the premium and shall represent that the collateral security or other indemnity has not been obtained from any person who has a greater interest in the principal's disappearance than appearance for trial. The collateral security or other indemnity required by the bondsman must be reasonable in relation to the amount of the bond;"
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on March 6, 2015 at 10:33 AM