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This entry was published on 2014-09-22
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SECTION 6804
Premium or compensation
Insurance (ISC) CHAPTER 28, ARTICLE 68
§ 6804. Premium or compensation. (a) The premium or compensation for
giving bail bond or depositing money or property as bail shall not
exceed ten per centum of the amount of such bond or deposit in cases
where such bonds or deposits do not exceed the sum of three thousand
dollars. Where such bonds or deposits exceed the sum of three thousand
dollars, the premium shall not exceed ten per centum of the first three
thousand dollars and eight per centum of the excess amount over three
thousand dollars up to ten thousand dollars and six per centum of the
excess amount over ten thousand dollars. In cases where the amount of
the bond or deposit is less than two hundred dollars a minimum premium
of ten dollars may be charged.

(b) No person or corporation shall:

(1) charge or receive, directly or indirectly, any greater
compensation for making a deposit for bail or giving bail, or act in
such business as aforesaid without obtaining a license, or

(2) accept any fee or compensation for obtaining a license or for
obtaining a bondsman or bail bond. Such person or corporation shall be
guilty of a misdemeanor and in addition shall in any action brought to
recover any such overcharge be liable for treble damages.

(c) Any member of the bar having any financial interest by which he is
to profit from the giving of bail shall be guilty of a misdemeanor.