As used in this article, unless the context otherwise requires: “Cash-bonding agent” means a person who was licensed by the division as of January 1, 1992, to write bail bonds as a cash-bonding agent. “On the board” means that the name of the person has been publicly posted or disseminated by a court as being […]
No person qualifies to be a professional cash-bail agent unless the person registers with the division. However, any bail bonding agent who was licensed by the division as of January 1, 1992, to write bail bonds as a cash-bonding agent may continue to be registered upon compliance with the other requirements of this article. No […]
An applicant for registration as a professional cash-bail agent shall supply the following information to the division: Whether the applicant during the last ten years has been convicted of a felony, entered a guilty plea to a felony, accepted a plea of nolo contendere to a felony, or engaged in or committed an act that […]
Each professional cash-bail agent and cash-bonding agent shall pay an application fee set by the division in an amount to offset the direct and indirect cost of processing registration applications and issuing a registration. Each professional cash-bail agent and cash-bonding agent shall pay a registration renewal fee set by the division in an amount that […]
Each cash-bonding agent shall post a cash qualification bond of fifty thousand dollars with the division. The bond must be to the people of the state of Colorado in favor of any court in this state, whether municipal, county, district, or other court, and to the division for the purposes of this section. In the […]
The division may deny, suspend, revoke, or refuse to renew a registration, or issue a cease-and-desist order in accordance with this section, upon reasonable grounds that the registrant: Failed to post a qualified bond in the required amount with the division while engaged in business or, if the bond was posted, it was forfeited or […]
[ Editor’s note: This version of this section is effective until March 1, 2022. ] A person who acts or attempts to act as a professional cash-bail agent or cash-bonding agent and who is not registered as such under this article is guilty of a misdemeanor and, upon conviction thereof, shall be punished by a […]
The professional cash-bail agent or cash-bonding agent who posts a bail bond with the court on behalf of a defendant shall ensure that the following documents comply with the following provisions: An indemnity agreement must: Be in writing; Be signed by the professional cash-bail agent or cash-bonding agent; Be signed by the defendant or indemnitor; […]
A professional cash-bail agent or cash-bonding agent shall not charge a premium or commission of more than the greater of fifty dollars or fifteen percent of the amount of bail furnished. A professional cash-bail agent or cash-bonding agent shall not assess fees for any bail bond posted by the agent with the court unless the […]
This article 23 is repealed, effective September 1, 2026. Before its repeal, the functions of the commissioner and the division shall be reviewed in accordance with section 24-34-104. Source: L. 2012: Entire article added with relocations, (HB 12-1266), ch. 280, p. 1525, § 41, effective July 1. L. 2017: Entire section amended, (SB 17-236), ch. […]
