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SOLICITING UNDERTAKINGS, OR GIVING OR SOLICITING INDEMNITY OR
COUNTERINDEMNITY TO SURETIES ON UNDERTAKINGS; OR
(2) WITHIN A PERIOD OF 30 DAYS HAS BECOME A SURETY, OR
HAS INDEMNIFIED A SURETY, FOR THE RELEASE ON BAIL OF A
PERSON, WITH OR WITHOUT A FEE OR COMPENSATION, OR PROMISE
THEREOF, IN THREE OR MORE MATTERS NOT ARISING OUT OF THE SAME
TRANSACTION.]
"SURETY." A PERSON WHO PLEDGES SECURITY, WHETHER OR NOT FOR
COMPENSATION, IN EXCHANGE FOR THE RELEASE FROM CUSTODY OF A
PERSON CHARGED WITH A CRIME PRIOR TO ADJUDICATION.
§ 5742. [REGISTRATION AND LICENSURE] LICENSURE REQUIRED.
[(A) GENERAL RULE.--NO PROFESSIONAL BONDSMAN SHALL BECOME
SURETY ON ANY UNDERTAKING, AND NO PERSON SHALL ENGAGE IN OR
CONTINUE TO ENGAGE IN BUSINESS AS A PROFESSIONAL BONDSMAN,
UNLESS HE HAS BEEN REGISTERED AND IS CURRENTLY LICENSED AS A
PROFESSIONAL BONDSMAN BY THE INSURANCE DEPARTMENT AS PROVIDED IN
THIS SUBCHAPTER AND HAS FILED A COPY OF HIS LICENSE IN THE
OFFICE OF THE CLERK IN THE MANNER PRESCRIBED BY GENERAL RULES.
(B) FORM OF APPLICATION.--EVERY APPLICATION FOR REGISTRATION
AND LICENSURE AS A PROFESSIONAL BONDSMAN SHALL BE MADE IN
WRITING UPON SUCH FORM AS MAY BE PRESCRIBED BY REGULATIONS
PROMULGATED BY THE INSURANCE DEPARTMENT.] NO PERSON SHALL ENGAGE
IN, OR CONTINUE TO ENGAGE IN, THE BUSINESS OF A BAIL BONDSMAN
UNLESS THE PERSON HAS BEEN LICENSED BY THE DEPARTMENT AS AN
INSURANCE PRODUCER UNDER ARTICLE VI-A OF THE ACT OF MAY 17, 1921
(P.L.789, NO.285), KNOWN AS THE INSURANCE DEPARTMENT ACT OF
1921, AND POSSESSES A CASUALTY LINE OF AUTHORITY.
SECTION 3. SECTION 5743 OF TITLE 42 IS REPEALED:
[§ 5743. ISSUANCE OF LICENSE.
(A) GENERAL RULE.--THE INSURANCE DEPARTMENT, UPON RECEIPT
20150SB0397PN1027 - 15 -
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