NAICS Code 812990-56 - Bail Bonds

Tools commonly used in the Bail Bonds industry for day-to-day tasks and operations.

• Bail bond application software
• Bail bond management software
• Bail bond calculator
• GPS tracking devices
• Surveillance equipment
• Fingerprinting equipment
• Notary public services
• Credit card processing equipment
• Bail enforcement tools (e.g. handcuffs, pepper spray)
• Legal research databases

Common products and services typical of NAICS Code 812990-56, illustrating the main business activities and contributions to the market.

• Bail bond agency
• Bail bond agent
• Bail bond company
• Bail bond service
• Bail bondsman
• Bail enforcement agent
• Bail recovery agent
• Bail surety company
• Immigration bail bonds
• Federal bail bonds

A concise historical narrative of NAICS Code 812990-56 covering global milestones and recent developments within the United States.

• The concept of bail bonds dates back to medieval England, where people were imprisoned for debt and other crimes. Friends and family members of the accused would pay a sum of money to the court as a guarantee that the accused would appear for trial. In the United States, the bail bonds industry began to take shape in the late 19th century, with the establishment of the first bail bond agency in San Francisco in 1898. The industry grew rapidly in the 20th century, with the establishment of national bail bond associations and the introduction of new technologies such as electronic monitoring. In recent years, the industry has faced increased scrutiny and criticism, with some arguing that it unfairly targets low-income defendants and perpetuates racial and economic inequality. Recent history in the United States: ~~~ In recent years, the bail bonds industry in the United States has faced significant challenges and changes. In 2018, California became the first state to eliminate cash bail, replacing it with a system that assesses a defendant's risk of flight or danger to the community. Other states, including New Jersey and New York, have also implemented reforms aimed at reducing the use of cash bail. These changes have had a significant impact on the bail bonds industry, with some companies reporting a decline in business. At the same time, the industry has also faced increased competition from alternative forms of pretrial release, such as supervised release and ankle monitoring. Despite these challenges, the bail bonds industry remains a significant player in the criminal justice system, with an estimated 14,000 bail bond agents operating in the United States today.