HB1494

Find a 2017 Bill:

2017 Regular Session

 

Entitled:

Bail Bond - Installment Contract - Form and Confessed Judgment Prohibition

Sponsored by:

Delegate Wilson, C.

Status:

In the Senate - First Reading Senate Rules


Synopsis:Requiring an agreement to accept payment for the premium charged for a bail bond in installments to be in a form approved by the Maryland Insurance Commissioner; prohibiting the agreement from including a confessed judgment clause that waives a consumer's right to assert a specified defense; prohibiting a bail bondsman from including a specified confessed judgment clause that waives a consumer's right to assert a specified defense in an agreement to accept payment for the premium charged for a bail bond in installments; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Delegates C. Wilson, Chang, Fennell, and Proctor
Additional Facts:Cross-filed with: SB0459
Bill File Type: Regular
Effective Date(s): October 1, 2017
Committee(s):
Judiciary  View Committee Hearing
Economic Matters
Rules
Broad Subject(s):Insurance - Other than Health
Narrow Subject(s):Bail
Bonds -see also- County & Baltimore City Bonds; State Bonds
Contracts -see also- Land Installment Contracts; Procurement
Debt Collection -see also- Attachments and Garnishments
Judgments
Unfair Trade Practices
Statutes:Article - Insurance
(10-309, 27-201, 27-225)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


April 11, 2017 3:38 P.M.