The state is proposing new regulations for the bail bond industry aimed at curbing practices that may be especially harmful to low-income defendants, Gov. Andrew Cuomo and the state Department of Financial Services said Tuesday.
The changes are intended to improve transparency in the bail bond industry for consumers and remove fees that go above the allowed costs under state law.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]