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Home » US Law » 2022 North Carolina General Statutes » Chapter 58 - Insurance » Article 71 - Bail Bondsmen and Runners. » § 58-71-16 – No return of premium; bond reduction.

58-71-16. No return of premium; bond reduction.

Notwithstanding any other provision of law or rules adopted by the Commissioner under this Article, if, after an agreement has been entered into between a defendant and a surety, the defendant’s bond is reduced, the surety shall not be required to return any portion of the premium to the defendant. (2011-377, s. 1.)