Missouri § 324.2130 - Collateral security accepted, when — receipt required — used to reimburse costs, when — records to be retained.
Full text of Missouri Revised Statutes of Missouri § 324.2130 — Collateral security accepted, when — receipt required — used to reimburse costs, when — records to be retained., with citation guidance and answers to common questions.
§ 324.2130. Collateral security accepted, when — receipt required — used to reimburse costs, when — records to be retained.
1. A licensee may accept collateral security from the principal in a fiduciary capacity, which collateral shall be returned upon final termination of liability on the bond. When a licensee accepts collateral, the licensee shall provide a prenumbered written receipt, which shall include a detailed account of the collateral received by the licensee. The acceptance of collateral security by a bail bond agent shall be reported to the general bail bond agent.
2. The collateral security required by the licensee shall be reasonable in relation to the amount of the bond.
3. If a failure to appear, absconding or attempting to abscond, or a judgment of forfeiture on the bond has occurred, the collateral security may be used to reimburse the licensee for any costs and expenses incurred associated with the forfeiture.
4. The general bail bond agent shall retain records of the acceptance, return, or judgment of forfeiture resulting in the use of the collateral to reimburse the licensee for a period of three years.
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(L. 2004 S.B. 1122, A.L. 2026 S.B. 1421)
Transferred 2026; formerly 374.719
Severability clause, see § 1.1010
---- end of effective 28 Aug 2026 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 324.2130
What does Revised Statutes of Missouri § 324.2130 cover?
Section 324.2130 ("Collateral security accepted, when — receipt required — used to reimburse costs, when — records to be retained.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Missouri § 324.2130?
A common citation format is "Revised Statutes of Missouri § 324.2130" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 324.2130 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.