95-03: Assignment to the State of Missouri
* This bulletin was repealed by 08-05
From: Jay Angoff, Director
Re: Assignment to the State of Missouri
Date: November 13, 1995
Beginning with the January, 1996 renewals, all general bail bond agents and general bail bond corporations licensed in Missouri will be required to provide the Missouri Department of Insurance (License Section) with documentation verifying that your $10,000 Certificate of Deposit is still assigned to the State of Missouri. We will accept a letter from the bank or financial institution holding your deposit. If this documentation is not attached to your renewal, it will be returned to you.
Section 374.715, RSMo, 1994, requires a current assignment as a qualification for licensure as a general bail bond agent or general bail bond corporation.
Please contact our office if you have any questions. Our phone number is 314-751-3518.