<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".07" citation="COMAR 31.03.05.07" title_num="31" subtitle_num="03" chapter_num="05" heading="Rates.">
  <paragraph num="A.">
    <text>A bail bondsman shall issue a bail bond that complies with Insurance Article, §27-216, Annotated Code of Maryland.</text>
  </paragraph>
  <paragraph num="B.">
    <text>Except as provided in §C of this regulation, it shall be an unfair trade practice and a violation of the Insurance Article, §27-216, Annotated Code of Maryland, for a bail bondsman to sell, solicit, procure, or negotiate a bail bond if:</text>
    <paragraph num="(1)">
      <text>A surety insurer has an approved premium rate for both cash bail bonds and corporate surety bail bonds;</text>
    </paragraph>
    <paragraph num="(2)">
      <text>The premium rates differ for cash bail bonds and corporate surety bail bonds; and</text>
    </paragraph>
    <paragraph num="(3)">
      <text>A defendant is sold a bail bond with the higher premium rate.</text>
    </paragraph>
  </paragraph>
  <paragraph num="C.">
    <text>If a surety insurer has approved premium rates for cash bail bonds and corporate surety bail bonds, a bail bondsman may sell a defendant a bail bond regardless of the approved premium rate if the court specifies a type of bail bond.</text>
  </paragraph>
</regulation>