Idaho Statutes Title 41. Insurance § 41-1038. Definitions

(1) “Bail” means a monetary amount required by the court to release the defendant from custody and to ensure his appearance in court as ordered.

(2) “Bail agent” means a person who is a licensed producer in the line of surety insurance that is authorized by an insurer to execute or countersign undertakings of bail in connection with judicial proceedings.

(3) “Bail bond” means a financial guarantee, posted by a bail agent and underwritten by a surety insurance company, that the defendant will appear as ordered.

(4) “Collateral” means property of any kind given as security to obtain a bail bond.

(5) “Department” means the department of insurance.

(6) “Director” means the director of the department of insurance.

(7) “Person” means an individual or a business entity.

(8) “Retail consumers of bail bonds” means a defendant and any person who provides collateral to obtain any portion of a bail bond.

(9) “Surety” or “surety insurance company” means an admitted insurer authorized in the line of surety pursuant to title 41, Idaho Code.