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Committee considers bill to bar bail agents from lending for minimum-premium down payment
Summary
Senate Bill 244 would prohibit a compensated surety (bail agent) from loaning money to pay the required half of a minimum appearance-bond premium and would require any such loan to come from a state-licensed financial institution.
Senate Bill 244, which would amend KSA 22-2809(b) to forbid compensated sureties from providing loans to cover the half of the 10% minimum appearance bond premium that a surety may require up front, was heard by the Kansas Senate Judiciary Committee.
Senator Stephen Owens (R), a former bail industry participant who identified himself as having operated in the industry for 25 years, told the committee the bill is a technical cleanup intended to prevent actors from vertically…
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