5747 - Statements by fidelity or surety companies.
§ 5747. Statements by fidelity or surety companies. Any fidelity or surety company, authorized to act as surety within this Commonwealth, may execute an undertaking as surety by the hand of an officer, employee, agent, or attorney, authorized thereto by a resolution of its board of directors, a certified copy of which, under its corporate seal, shall be filed with the undertaking. Fidelity or surety companies engaged in the business of entering bail shall file, with the clerk of the court of common pleas and with the district attorney of each county in which bail is entered, a statement, quarterly on which shall appear a summary of all bail entered by such company during the previous quarter, together with the compensation charged therefor.