Fla. Stat. 648.571
Failure to return collateral; penalty


(1)

A bail bond agent who has taken collateral or an insurer or managing general agent who holds collateral as security for a bail bond shall, upon demand, make a written request for a discharge of the bond to be delivered to the surety or the surety’s agent. A copy of the written request for discharge must be given to the indemnitor or the person making the request for the collateral, and a copy must be maintained in the agent’s file. If a discharge is provided to the surety or the surety’s agent pursuant to chapter 903, the collateral shall be returned to the indemnitor within 21 days after the discharge is provided.

(2)

Upon demand, following the written request for discharge and upon diligent inquiry by the surety or surety’s agent to determine whether the bond has been discharged, the failure of the court to provide a written discharge to the surety or surety’s agent pursuant to chapter 903 within 7 days automatically cancels the bond, and the collateral shall be returned to the indemnitor within 21 days after the written request for discharge.

(3)(a)

Fees or charges other than those provided in this chapter or by rule of the department or commission may not be deducted from the collateral due.
The bail bond agent may charge the credit card fee imposed in connection with the use of the credit card for payment of collateral if the fee is clearly shown on the collateral receipt and is acknowledged by the person tendering the credit card.
The prevailing schedule of credit card fees must be conspicuously posted in the lobby of the bail bond agency, and a copy must be provided to the person tendering the credit card.
Allowable expenses incurred in apprehending a defendant because of a bond forfeiture or judgment under s. 903.29 may be deducted if such expenses are accounted for. The failure to return collateral under these terms is punishable as follows:
If the collateral is of a value less than $100, as provided in s. 775.082(4)(a).
If the collateral is of a value of $100 or more, as provided in s. 775.082(3)(e).
If the collateral is of a value of $1,500 or more, as provided in s. 775.082(3)(d).
If the collateral is of a value of $10,000 or more, as provided in s. 775.082(3)(b).

(3)(a)

Fees or charges other than those provided in this chapter or by rule of the department or commission may not be deducted from the collateral due.

(b)1.

The bail bond agent may charge the credit card fee imposed in connection with the use of the credit card for payment of collateral if the fee is clearly shown on the collateral receipt and is acknowledged by the person tendering the credit card.The prevailing schedule of credit card fees must be conspicuously posted in the lobby of the bail bond agency, and a copy must be provided to the person tendering the credit card.
(b)1. The bail bond agent may charge the credit card fee imposed in connection with the use of the credit card for payment of collateral if the fee is clearly shown on the collateral receipt and is acknowledged by the person tendering the credit card.
2. The prevailing schedule of credit card fees must be conspicuously posted in the lobby of the bail bond agency, and a copy must be provided to the person tendering the credit card.

(c)

Allowable expenses incurred in apprehending a defendant because of a bond forfeiture or judgment under s. 903.29 may be deducted if such expenses are accounted for. The failure to return collateral under these terms is punishable as follows:If the collateral is of a value less than $100, as provided in s. 775.082(4)(a).If the collateral is of a value of $100 or more, as provided in s. 775.082(3)(e).If the collateral is of a value of $1,500 or more, as provided in s. 775.082(3)(d).If the collateral is of a value of $10,000 or more, as provided in s. 775.082(3)(b).
1. If the collateral is of a value less than $100, as provided in s. 775.082(4)(a).
2. If the collateral is of a value of $100 or more, as provided in s. 775.082(3)(e).
3. If the collateral is of a value of $1,500 or more, as provided in s. 775.082(3)(d).
4. If the collateral is of a value of $10,000 or more, as provided in s. 775.082(3)(b).

(4)

In addition to the criminal penalties and any other penalties provided in this chapter, the department shall impose against any person violating this section an administrative fine of five times the dollar amount of the collateral.

Source: Section 648.571 — Failure to return collateral; penalty, https://www.­flsenate.­gov/Laws/Statutes/2024/0648.­571 (accessed Aug. 7, 2025).

648.24
Declaration of public policy
648.25
Definitions
648.26
Department of Financial Services
648.27
Licenses and appointments
648.29
Build-up funds posted by bail bond agent
648.30
Licensure and appointment required
648.31
Appointment taxes and fees
648.33
Bail bond rates
648.34
Bail bond agents
648.35
Professional bail bond agent
648.36
Bail bond agent’s records
648.38
Licensure examination for bail bond agents
648.39
Termination of appointment of managing general agents, bail bond agents, and bail bond agencies
648.40
Application for appointment of professional bail bond agents
648.42
Registration of bail bond agents
648.43
Power of attorney
648.44
Prohibitions
648.45
Actions against a licensee
648.46
Procedure for disciplinary action against licensees
648.48
Witnesses and evidence
648.49
Duration of suspension or revocation
648.50
Effect of suspension, revocation upon associated licenses and licensees
648.51
Surrender of license
648.52
Administrative fine
648.53
Probation
648.55
All bail bond agents of same agency
648.57
Penalty
648.58
Injunctive proceedings
648.279
Scope of license
648.285
Bond agency
648.295
Reporting and accounting of funds
648.315
Number of applications for licensure required
648.355
Limited surety agents and professional bail bond agents
648.365
Statistical reporting requirements
648.381
Reexamination
648.382
Appointment of bail bond agents and bail bond agencies
648.383
Renewal, continuation, reinstatement, and termination of appointment
648.384
Effect of expiration of appointment
648.385
Continuing education required
648.386
Qualifications for prelicensing and continuing education schools and instructors
648.387
Bail bond agent in charge
648.388
Insurer must appoint managing general agent
648.421
Notice of change of address or telephone number
648.441
Furnishing supplies to unlicensed bail bond agent prohibited
648.442
Collateral security
648.525
Civil assessment
648.571
Failure to return collateral
648.3875
Bail bond agent in charge
648.4425
Notice

Current through Fall 2025

§ 648.571. Failure to return collateral; penalty's source at flsenate​.gov