Oklahoma § 59-1315.1 - Owners of certain restaurant establishments permitted

§ 59-1315.1. Owners of certain restaurant establishments permitted

to be bondsmen - ABLE Commission investigations.

A. On and after November 1, 2015, as an exception to the

provisions in paragraph 8, 9, 10 or 11 of subsection A of Section

1315 of this title prohibiting a person from being a bail bondsman

Oklahoma Statutes - Title 59. Professions and Occupations

or receiving any benefit from the execution of any bail bond, a

person who holds an ownership interest in a restaurant establishment

where alcoholic beverages are lawfully sold or who is an officer,

director or stockholder of a corporation that owns or operates a

restaurant where alcoholic beverages are lawfully sold, may be a

licensed bail bondsman.

B. No licensed bondsman who holds any license issued from the

ABLE Commission or any permit issued from any governmental

subdivision or who has any ownership interest, employment or

interest in any business identified by the provisions of paragraph

8, 9, 10 or 11 of subsection A of Section 1315 of this title may

execute the duties of a bondsman or have a bondsman office on the

premises of such establishment.

C. No exception authorized in this section for a licensed

bondsman to additionally hold a license issued by the ABLE

Commission or a permit issued by a governmental subdivision pursuant

to paragraph 8, 9, 10 or 11 of subsection A of Section 1315 of this

title shall apply to or be construed as an exception for a bail

enforcer.

D. The ABLE Commission shall be authorized to investigate all

provisions authorized by this section and shall certify in writing

to the Insurance Commissioner, upon written request, that a person

is eligible for an exception to the prohibitions of Section 1315 of

this title. The ABLE Commission shall immediately notify the

Insurance Commissioner, in writing, if a person becomes disqualified

for an exception to the prohibitions of paragraph 8, 9, 10 or 11 of

subsection A of Section 1315 of this title. If, after an

investigation of a violation of the provisions of this section, the

bail bondsman is found to be disqualified to be licensed as a bail

bondsman, the ABLE Commission shall be entitled to reimbursement for

all costs, expenses and attorney fees and in addition, the person

shall have the bail bondsman license permanently revoked by the

Insurance Commissioner.

Added by Laws 2015, c. 212, § 1, eff. Nov. 1, 2015. Amended by Laws

2021, c. 368, § 3, eff. Nov. 1, 2021.