Legislation
- Title
- Bail Bond - Installment Contract - Form and Confessed Judgment Prohibition
- Sponsored by
- Senators Feldman, Middleton, Astle, Benson, Hershey, Jennings, Klausmeier, Mathias, Reilly, Rosapepe, and Oaks
- Status
- Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 807
- Analysis
- Fiscal and Policy Note (Revised)
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.
Committees
- Original:
- Finance Click to view Recorded Media
- Opposite:
- Judiciary Click to view Recorded Media
Details
History
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File Code
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Subjects
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Statutes
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(
10-309, 27-201, 27-225 )
Last Updated: 2/3/2020 2:34 PM