Bill > HB726

This bill updates Montana's laws regarding surety bail bond insurance licenses by making several key changes. The legislation lowers the minimum age for obtaining a bail bond license from 21 to 18, requires licensees to maintain a fixed place of business or be a full-time agent in the state, and establishes more comprehensive training requirements. Specifically, applicants must now complete a 16-hour basic training course covering topics like constitutional law, civil liability, rights of individuals in custody, use of force guidelines, and handling people with mental health challenges. The bill introduces a mandatory biennial continuing education program requiring 5 hours of training, including updates on legal changes and industry trends. Additionally, the bill allows for a temporary 12-month license for new applicants, which can be obtained under the supervision of an experienced, long-standing licensed bail bond agent. The legislation also maintains strict background check requirements, prohibiting individuals with felony convictions or offenses involving dishonesty, violence, or controlled substances from obtaining a license. Lastly, the bill mandates that surety bail bond producers disclose any additional fees or interest at the time of contract execution, ensuring transparency in financial transactions.

Business and Industry

https://bills.legmt.gov/#/laws/bill/2/LC3077