Public Chapter 265

SENATE BILL NO. 16

By Person

Substituted for: House Bill No. 1403

By Buck

AN ACT To amend Tennessee Code Annotated, Title 40, Chapter 11, relative to the continuing education requirements for bail bonding agents.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:

SECTION 1. Tennessee Code Annotated, Section 40-11-401, is amended by deleting the first sentence in its entirety and substituting instead the following:

Each professional bail bondsman or bonding agent individually, including partners, officers and directors of a corporation engaged for profit who are qualified as professional bail bondsmen or bonding agents, making bonds or entering into undertakings as surety in criminal proceedings as defined in Tennessee Code Annotated, Section 40-11-301, shall obtain eight (8) hours of continuing education credits during each twelve (12) month period beginning on January 1, 1997.

SECTION 2. Tennessee Code Annotated, Section 40-11-401, is further amended by deleting the last sentence thereof and substituting instead the following:

Agents holding limited insurance representative licenses are expressly excluded from the provisions of this part until July 15, 1998, at which time they shall be required to submit their first annual certificate of compliance.

SECTION 3. This act shall take effect upon becoming a law, the public welfare requiring it.