<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".08" citation="COMAR 31.03.05.08" title_num="31" subtitle_num="03" chapter_num="05" heading="Indemnity Agreement.">
  <text>An indemnity agreement shall:</text>
  <paragraph num="A.">
    <text>Contain the signatures of the bail bondsman providing the bail bondsman services and the person signing the indemnity agreement;</text>
  </paragraph>
  <paragraph num="B.">
    <text>Be executed prior to the issuance of a bail bond;</text>
  </paragraph>
  <paragraph num="C.">
    <text>Contain the printed name and insurance producer license number of the bail bondsman providing the bail bondsman services;</text>
  </paragraph>
  <paragraph num="D.">
    <text>Require the person signing the indemnity agreement to pay, and the bail bondsman to collect, the premium for the bail bond that is issued:</text>
    <paragraph num="(1)">
      <text>At the time the indemnity agreement for the bail bond is executed by the bail bondsman and the person signing the indemnity agreement; or</text>
    </paragraph>
    <paragraph num="(2)">
      <text>Through installment payments pursuant to a written installment agreement that complies with the requirements set forth in Regulation .09 of this chapter; and</text>
    </paragraph>
  </paragraph>
  <paragraph num="E.">
    <text>Contain the following statement on the first page in capital and bold letters of at least 12-point font: “THE PERSON SIGNING THIS INDEMNITY AGREEMENT IS ENTITLED TO A REFUND OF 100% OF THE PREMIUM PAID IF THIS BAIL BOND IS NOT POSTED.”</text>
  </paragraph>
</regulation>