Section 3.23.750. Bail bond limited producer license required.  


Latest version.
  • 	(a)  A person may not act in the capacity of a bail bond limited producer or perform any of the functions of a bail bond limited producer unless the person is licensed for and meets the requirements of AS 21.27.150 and acts on behalf of a surety insurer or limited surety insurer. Except for clerical and administrative duties, an unlicensed person may not perform the duties of a licensed bail bond limited producer.  
    	(b)  To avoid unfair competition in accordance with AS 21.36.900(d), law enforcement personnel, adjudication and prosecution officials and their employees, officials authorized to admit bail, and state, borough, and city officers may not be licensed to execute bail bonds or receive any benefits from the execution of any bail bond.  
    	(c)  The provisions of AS 21.27,  AS 21.36,  and 3 AAC 23.745 - 3 AAC 23.859 do not apply to a person who is licensed as and performing the duties of an attorney at law.  
    

Authorities

21.06.090;21.27.010;21.27.150;21.36.900;01.05.031;21.36.150;44.62.125

Notes


Authority
AS 21.06.090 AS 21.27.010 AS 21.27.150 AS 21.36.900 Editor's note: In 2010 the revisor of statutes, acting under AS 01.05.031, renumbered former AS 21.36.150 as AS 21.36.900. As of Register 196 (January 2011), the regulations attorney made a conforming technical revision under AS 44.62.125(b)(6), to 3 AAC 23.750(b), so that the cross-reference to former AS 21.36.150(d) now refers to the renumbered statute, AS 21.36.900(d). In addition, the regulations attorney made a conforming technical revision to the authority citation that follows 3 AAC 23.750, so that the citation to former AS 21.36.150 now refers to AS 21.36.900.
History
Eff. 12/18/92, Register 124

References

3.23.750