Ohio Code 3905.93 – Bail bond – charges and fees
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A surety bail bond agent shall not execute a bail bond without doing both of the following:
Terms Used In Ohio Code 3905.93
- agent: means any person that, in order to sell, solicit, or negotiate insurance, is required to be licensed under the laws of this state, including limited lines insurance agents and surplus line brokers. See Ohio Code 3905.01
- Bail: Security given for the release of a criminal defendant or witness from legal custody (usually in the form of money) to secure his/her appearance on the day and time appointed.
- Bond: includes an undertaking. See Ohio Code 1.02
- Insurance: means any of the lines of authority set forth in Chapter 1739. See Ohio Code 3905.01
(A) Charging the premium rate filed with and approved by the superintendent of insurance;
(B) Disclosing the expense fee that will be charged to cover the costs incurred by the agent in executing the bond.