Senate Bill No. [insert bill number] aims to revise laws related to surety bail bond insurance by reverting certain statutory language to pre-2023 requirements. The bill amends several sections of the Montana Code Annotated (MCA), specifically 33-17-212, 33-26-108, 46-9-401, and 46-9-510, while also repealing sections 33-17-1601, 33-17-1602, and 46-6-508. Key amendments include the removal of surety bail bond insurance from the examination requirements for insurance producers, as well as changes to the rules governing surety insurers, including the elimination of requirements related to arrests and surrenders.

Additionally, the bill introduces new provisions that clarify the rights of sureties in surrendering defendants and ensures that the surety company, rather than a licensed insurance producer, is responsible for such actions. The amendments also specify that the surety is allowed to surrender a defendant if they feel insecure in accepting liability. Overall, the bill seeks to streamline the regulatory framework surrounding surety bail bond insurance and enhance the operational clarity for surety companies and their agents.

Statutes affected:
LC Text: 33-17-212, 33-26-108, 46-9-401, 46-9-510
SB0197_1(1): 33-17-212, 33-26-108, 46-9-401, 46-9-510
SB0197_1(2): 33-17-212, 33-26-108, 46-9-401, 46-9-510
SB0197_1(3): 33-17-212, 33-26-108, 46-9-401, 46-9-510
SB0197_1(4): 33-17-212, 33-26-108, 46-9-401, 46-9-510
SB0197_1(5): 33-17-212, 33-26-108, 46-9-401, 46-9-510
SB0197_1: 33-17-212, 33-26-108, 46-9-401, 46-9-510