Oklahoma legislation · 2026 Regular Session
Oklahoma SB378: Bail bondsman; allowing Insurance Commissioner to approve certain bondsman to write bonds over certain deposit amount. Effective date.
Status: Vetoed, May 6, 2026
What the bill says
An Act relating to bail bondsmen; amending 59 O.S. 2021, Section 1306.1, which relates to multicounty agent bondsmen applications; allowing Insurance Commissioner to approve certain bondsman to write bonds over certain deposit amount; allowing Commissioner to limit written bond amount; prohibiting Commissioner from releasing certain deposit for certain time period under certain circumstances; allowing Commissioner to reduce certain deposit bond amount written over certain deposit amount; requiring Commissioner to provide certain notice; updating statutory language…
From the enrolled text, April 30, 2026:
An Act relating to bail bondsmen; amending 59 O.S. 2021, Section 1306.1, which relates to multicounty agent bondsmen applications; allowing Insurance Commissioner to approve certain bondsman to write bonds over certain deposit amount; allowing Commissioner to limit written bond amount; prohibiting Commissioner from releasing certain deposit for certain time period under certain circumstances; allowing Commissioner to reduce certain deposit bond amount written over certain deposit amount; requiring Commissioner to provide certain notice; updating statutory language; updating statutory reference; and providing an effective date. SUBJECT: Bail bondsmen SECTION 1. AMENDATORY 59 O.S. 2021, Section 1306.1, is amended to read as follows: Section 1306.1. A. 1. An applicant for a multicounty agent bondsman license shall have been continually licensed as a professional bondsman in the State of Oklahoma this state for a minimum of two (2) years without suspension or having any unpaid forfeitures prior to the date of application. 2. In addition to the requirements prescribed in Sections 1305 and 1306 of this title, an applicant for a multicounty agent bondsman license shall submit to the Insurance Commissioner an annual audited financial statement prepared by an accounting firm or individual holding a permit to practice public accounting in this state in accordance with the Statements on Auditing Standards promulgated by the Auditing Standards Board of the American Institute of Certified Public …