374.735. Examination not required, when--fee--reciprocal contracts--completion of educational requirements required.

MISSOURI STATUTES AND CODES

374.735. Examination not required, when--fee--reciprocal contracts--completion of educational requirements required.

Examination not required, when--fee--reciprocal contracts--completionof educational requirements required.

374.735. 1. The department may, in its discretion, grant a licensewithout requiring an examination to a bail bond agent who has been licensedin another state immediately preceding his or her applying to thedepartment, if the department is satisfied by proof adduced by theapplicant that:

(1) The qualifications of the other state are at least equivalent tothe requirements for initial licensure as a bail bond agent in this statepursuant to the provisions of sections 374.695 to 374.775, provided thatthe other state licenses Missouri residents in the same manner; and

(2) The applicant has no suspensions or revocations of a license toengage in the bail bond or fugitive recovery business in any jurisdiction.

2. Every applicant for a license pursuant to this section, uponshowing the necessary qualifications as provided in this section, shall berequired to pay the same fee as the fee required to be paid by residentapplicants.

3. Within the limits provided in this section, the department maynegotiate reciprocal compacts with licensing entities of other states forthe admission of licensed bail bond agents from Missouri in other states.

4. All applicants applying for licenses in this state after theenactment of said act shall complete the education requirement as stated insection 374.710. If the bail bond agent or general bail bond agent hasbeen licensed in another state and has a license in Missouri at the timesaid act becomes law, said individual shall not be required to complete thetwenty-four hours of initial basic training.