Section 58-22-8 - Annual list of surety bondsmen appointed by insurer--Notice to director of subsequentappointment.

58-22-8. Annual list of surety bondsmen appointed by insurer--Notice to director of subsequent appointment. Every insurer shall annually, prior to May first, furnish the director a list of all surety bondsperson appointed by it to write bail bonds on its behalf accompanied by a renewal fee of ten dollars for each bondsperson being reappointed. Every such insurer who subsequently appoints a surety bondsperson in the state shall give notice to the director along with a written application for license for bondspersons accompanied by a ten dollar appointment fee. All such appointments are subject to the issuance of a license to such surety bondsperson.

Source: SL 1966, ch 111, ch 31, § 19; SL 1998, ch 296, § 6.