|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ch. 14
|
|
|
|
|
1232
|
|
|
|
|
|
LAWS OF MARYLAND
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
WITHIN THE LIMITATIONS Of THIS SECTION, THE
FOLLOWING PERSONS MAY ISSUE A GUARANTEED ARREST BOND
CERTIFICATE:
(1) ANY INSURANCE COMPANY THAT IS ALSO A
SURETY COMPANY; OR
(2) IF ACTING IN CONJUNCTION WITH A SURETY
COMPANY, ANY OTHER INSURANCE COMPANY OR ANY MOTOR CLUB.
(C) CONTENTS AND EFFECT OF CERTIFICATE.
A GUARANTEED ARREST BOND CERTIFICATE SHALL:
(1) SPECIFY ITS EXPIRATION DATE; AND
(2) CONTAIN PRINTED STATEMENTS THAT:
(I) THE ISSUER AND SURETY COMPANY GUARANTEE
THE COURT APPEARANCE OF THE PERSON TO WHOM THE
CERTIFICATE IS ISSUED; AND
(II) IF THE PERSON FAILS TO APPEAR IN COURT
AT THE TIME OF THE TRIAL, IT WILL PAY ANY FINE OR
FORFEITURE THAT IS IMPOSED ON THE PERSON AND DOES NOT
EXCEED $200.
(D) WHO MAY BECOME SURETY.
ANY SURETY COMPANY MAY BECOME SURETY FOR PERSONS
POSTING GUARANTEED ARREST BOND CERTIFICATES, BY FILING
AN UNDERTAKING TO BECOME SURETY WITH THE STATE INSURANCE
DIVISION.
(E) FORM OF ARREST BOND CERTIFICATE TO BE FILED
AND APPROVED.
(1) A GUARANTEED ARREST BOND CERTIFICATE MAY
NOT BE DELIVERED OR ISSUED FOR DELIVERY IN THIS STATE
UNLESS THE FORM HAS BEEN FILED WITH AND APPROVED BY THE
INSURANCE COMMISSIONER.
(2) UNLESS THE INSURANCE COMMISSIONER
AFFIRMATIVELY APPROVES OR DISAPPROVES THE FORM WITHIN 30
DAYS AFTER IT IS FILED WITH HIM, HE IS CONSIDERED TO HAVE
APPROVED IT.
(3) AN ORDER OF THE INSURANCE COMMISSIONER
DISAPPROVING THE FORM OR WITHDRAWING A PREVIOUS APPROVAL
SHALL STATE THE REASONS FOR THE ACTION TAKEN.
(F) LIMIT OF BOND; OTHER LIMITATIONS OF
CERTIFICATE.
A GUARANTEED ARREST BOND CERTIFICATE MAY NOT BE
ACCEPTED:
|
|
|
|
|
|
|
|
|
|
(1) AS A PART OF A SURETY UNDERTAKING OR
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
