(1) The board shall: (a) meet: (i) at least quarterly; and (ii) at the call of the chair; (b) make written recommendations to the commissioner for rules governing the following aspects of the bail bond insurance business: (i) qualifications, applications, and fees for obtaining: (A) a license required by this Section 31A-35-401; or (B) a certificate; (ii) limits on the aggregate amounts of bail bonds; (iii) unprofessional conduct; (iv) procedures for hearing and resolving allegations of unprofessional conduct; and (v) sanctions for unprofessional conduct; (c) screen: (i) bail bond agency license applications; and (ii) persons applying for a bail bond agency license; and (d) recommend to the commissioner action regarding the granting, renewing, suspending, revoking, and reinstating of bail bond agency license.

(a) meet: (i) at least quarterly; and (ii) at the call of the chair;

(i) at least quarterly; and

(ii) at the call of the chair;

(b) make written recommendations to the commissioner for rules governing the following aspects of the bail bond insurance business: (i) qualifications, applications, and fees for obtaining: (A) a license required by this Section 31A-35-401; or (B) a certificate; (ii) limits on the aggregate amounts of bail bonds; (iii) unprofessional conduct; (iv) procedures for hearing and resolving allegations of unprofessional conduct; and (v) sanctions for unprofessional conduct;

(i) qualifications, applications, and fees for obtaining: (A) a license required by this Section 31A-35-401; or (B) a certificate;

(A) a license required by this Section 31A-35-401; or

(B) a certificate;

(ii) limits on the aggregate amounts of bail bonds;

(iii) unprofessional conduct;

(iv) procedures for hearing and resolving allegations of unprofessional conduct; and

(v) sanctions for unprofessional conduct;

(c) screen: (i) bail bond agency license applications; and (ii) persons applying for a bail bond agency license; and

(i) bail bond agency license applications; and

(ii) persons applying for a bail bond agency license; and

(d) recommend to the commissioner action regarding the granting, renewing, suspending, revoking, and reinstating of bail bond agency license.

(2) The board may: (a) conduct investigations of allegations of unprofessional conduct on the part of persons or bail bond agencies involved in the business of bail bond insurance; and (b) provide the results of the investigations described in Subsection (2)(a) to the commissioner with recommendations for: (i) action; and (ii) any appropriate sanctions.

(a) conduct investigations of allegations of unprofessional conduct on the part of persons or bail bond agencies involved in the business of bail bond insurance; and

(b) provide the results of the investigations described in Subsection (2)(a) to the commissioner with recommendations for: (i) action; and (ii) any appropriate sanctions.

(i) action; and

(ii) any appropriate sanctions.