(1) An applicant for licensure as a bail enforcement agent who will operate a bail bond recovery agency shall provide the following information as part of the application:
(a) the full name and business address of the applicant;
(b) two passport-size color photographs of the applicant;
(c) the name under which the applicant intends to conduct the business;
(d) a statement that the applicant intends to engage in the bail bond recovery business;
(e) a notarized statement of the applicant's qualifications as required by Sections 53-11-108 and 53-11-109;
(f) the fee required by Section 53-11-115;
(g) a certificate of workers' compensation insurance, if applicable; and
(h) proof of completion of a training program approved by the board.
(2) An applicant for licensure, or renewal of licensure, as a bail enforcement agent shall include with the application a surety bond:
(a) in the amount of $10,000;
(b) that is in effect throughout the entire licensing period; and
(c) that provides that the issuer of the surety bond will notify the bureau if the bond is cancelled or expired.
(3) The license for a bail enforcement agent shall indicate on its face if the holder is licensed to act as a bail bond recovery agency.
(4) The bureau shall:
(a) cancel a license if the bureau receives notice that the surety bond described in Subsection (2) is cancelled or expired;
(b) notify a licensee when the bureau cancels a license under Subsection (4)(a); and
(c) reinstate a license that has been cancelled under Subsection (4)(a), and has not otherwise been revoked, when the person whose license was cancelled:
(i) files a surety bond described in Subsection (2) that is in effect for the remainder of the licensing period; and
(ii) pays the licensing fee described in Section 53-11-115.