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 Post subject: Covington, LA?
 Post Posted: Wed 12 Nov 2008 13:02 
 
Hello group,

We've been running a PI agency for five years now and already work with our local PD so recovery seems like a good match for us. Can anyone recommend a good program in our area? Does one need to work for a bail bondsman before they offer services. The Louisiana insurance site really does not explain it well, only educational requirements. I've had clients that have wanted property repo's with court orders but I've been hesitant to act. I've also had cases where the subject has turned out to have a warrent and just had local PD pick them up. I think we may be missing out on a lot of work in our area.

Thanks,
Jason McLaughlin.
Eponymous Investigations, Inc
Licenced / Insured
Covington, LA 70434
http://www.eiionline.com
info@eiionline.com


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 Post subject: Re: Covington, LA?
 Post Posted: Sat 29 Nov 2008 13:44 
 
Hello Jason,

I too am looking into the bond recovery industry in this area. I am a former Navy Seal and Middle east security manager. I just moved to Mandeville and am looking to get into something new.

I have done some searching and found this link http://www.ldi.state.la.us/docs/commiss ... ingReq.pdf

Basically stating you have to be a licenced bail bondsman to do recovery work. I am still working on getting some more info but saw your post and thought I would give you where I am. Perhaps we can put our heads together and figure this out??

Give me a call if there is anything I can do for you.. 813 325 9529

Respectfully, James Bailie


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 Post subject: Re: Covington, LA?
 Post Posted: Sat 29 Nov 2008 13:55 
 
Here is another website

http://www.ehow.com/how_4443050_become- ... siana.html


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 Post subject: Re: Covington, LA?
 Post Posted: Sat 29 Nov 2008 14:21 
Offline
in memoriam

Joined: Thu 16 Jun 2005 16:04
Posts: 4598
Location: NE Alabama
FRN Agency ID #: 5
Experience: More than 10 years
5 minutes of Googling Louisiana codes and this is what I found:

Quote:
Title 37, Part XllI

Chapter 49. Regulation 65-Bail
Bond Licensing RequirementslBounty
Hunter
§4901. Purpose
A. The purpose of this regulation is to establish
guidelines for licensing, for transacting an apprehension or
surrender of a principal, prelicensing for applicants and
continuing education for licensed agents or solicitors, bail
bonds, fines and hearings, definitions and related matters.
AUTHORITY NOTE: Promulgated in accordance with R.S.
22:3, 22:7, 22:10, 22:658.1, 22:1065.1, 22:1113, 22:1404.3,
22:1I91(B), 22:1211, and 22:1214
mSTORICAL NOTE: Promulgated by the Department of
Insurance, Commissioner of Insurance, LR 25:706 (April 1999).
§4903, Definitions
A. The following terms when used in this Chapter shall
have the following meanings.
Bail Bond Agent-a person, corporation, or partnership
which holds an insurance agent or solicitor license and who
is authorized to provide surety in Louisiana, and/or engages
in the apprehension and return of persons who are released
on bail or who failed to appear at any state of the
proceedings to answer the charge before the court in which
they may be prosecuted. For purposes of this regulation a
bail recovery agent is synonymous with a bail bond agent.
Bail Enforcement-the apprehension or surrender of a
principal by a natural person who is released on bailor who
has failed to appear at any state of the proceedings to answer
the charge before the court in which he may be prosecuted.
Bail Solicitor-an individual who holds an insurance
license and is authorized by a duly licensed bail bond agent
to solicit contracts of bail bond insurance and engages in bail
enforcement, solely on behalf of the licensed bail bond
agent.
Commissioner--the Louisiana Commissioner of
Insurance.
Department-the Louisiana Department of Insurance.
fnsurer--·any domestic or foreign insurance corporation
or association engaged in the business of insurance or
suretyship which has qualified to transact surety or casualty
business in this state.
Surrender-as defined by the L.A.-CCRP Article 345.
AUTIIORITY NOTE: Promulgated in accordance with R.S.
22:3, 22:7, 22:10, 22:658.1, 22:1065.1, 22:1113, 22:1404.3,
22:1 191(B), 22:1211, and 22:1214.
HISTORICAL NOTE: Promulgated by the Department of
Insurance, Commissioner of Insurance, LR 25:707 (April 1999).
§4905. Bail Recovery Agent License Requirements for
Louisiana
A. In order to engage, to transact, or assist in the
apprehension or surrender of a principal, a person must be a
duly licensed bail bond agent or solicitor, pursuant to Part
XXIV and Part XXV-A of the Louisiana Insurance Code.
I. Prelicensing
a. On and after May 1, 1999, all persons applying
for a bail bond agent or solicitor license must complete eight
hours of supervised instruction approved by the department,
four hours of which, must be instruction in bail enforcement.
2. Continuing Education Program
a. Persons holding a valid bail bond agent or
solicitor license must complete 12 hours of a continuing
education program, approved by the department, every twoyear
licensing period, four hours of which must be
instruction in bail enforcement. On or before January I of
every odd numbered year, all duly licensed bail bond agents
hall have completed 12 hours of continuing education
described in this Section.
3. On and after May I, 2000, no person shall engage
in the bail bond insurance business, including enforcement
and bail recovery activities, unless such person is duly
licensed bail bond agent or solicitor pursuant to Part XXIV
and Part XXV-A ofthe Louisiana Insurance Code.
AUTHORITY NOTE: Promulgated in accordance with R.S.
22:3, 22:7, 22;10, 22:658.1, 22:1065.1, 22:1113, 22:1404.3,
22:II91(B), 22:1211, and 22:1214.
HISTORICAL NOTE: Promulgated by the Department of
Insurance, Commissioner of Insurance, LR 25:707 (April 1999).
§4907. Bail Recovery Persons License Requirement
from Other States
A. Bail recovery persons from other states must be duly
authorized to transact bail enforcement or be a licensed bail
bond agent in the state where the bond was written and shall
act in association with a local bail agent duly licensed by the
Louisiana Department of Insurance to transact bail
enforcement in this state.
AUTHORITY NOTE; Promulgated in accordance with R.S.
22:3, 22:7, 22:10, 22:658.1, 22:1065.1, 22:1113, 22:1404.3,
22:II91(B), 22:121 I, and 22:1214.
251 Louisiana Administrative Code Septemb9r 2006

___________________________________________________________
Lousisana DOI:

http://www.ldi.louisiana.gov/

_________________
River City Associates
Decatur, Al. 35601


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 Post subject: Re: Covington, LA?
 Post Posted: Sat 29 Nov 2008 14:35 
 
The last one I sent you has recources at the bottom which will take you to the proper DOI page which describes in depth the process and gives course sites (on another link) .. Each person on the recovery team has to be licenced as a bondsman or insurance producer,, however you want to look at it. The only information i haven't been able to find is the 4 hour bond recovery agent course.


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