Missouri agency proposes changes to bail bond industry

Thursday, January 7, 2010 | 4:30 p.m. CST; updated 5:43 p.m. CST, Thursday, January 7, 2010

JEFFERSON CITY — A state agency is recommending tighter regulations on the bail bond industry in Missouri.

State lawmakers last year ordered a study of the industry by the Department of Insurance, Financial Institutions and Professional Registration.

A report issued Thursday by a 15-member study committee recommends barring felons from getting bail bond licenses. The report also recommends larger fines for violations and requiring that applicants have high school diplomas.

The recommendations now go to the legislature for possible action.

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