Bail bondsman Study guides, Class notes & Summaries

NC Bail Bondsman Exam Practice Questions and Answers - Latest Update 2023/2024 (Graded A+). What is the definition of a bail bond? A. An undertaking by the principal to appear in court upon penalty of forfeiting bail B. A legal instrument indicating the amount of bond required and when payable C. A legal instrument giving the right to foreclose on a property D. All the above - correct answers A. An undertaking by the principal to appear in court upon penalty of forfeiting bail Which one ...

Bail Security required (monetary amount) for the release of a person from jail Bond Obligation for the amount of bail by the person who signs the bond Accommodation bondsman Not a licensed bail bondsman but uses value or property to get someone out of jail. THis person can not take money Bail bond Undertaking by the principal to appear in court as required upon penalty of forfeiting bail to the state in a stated amount What are the ways a person can promise to be ...

Bail Bondsman Exam Questions with 100% Correct Answers | Verified | Latest Update

3 areas of Bail Bond Law? CORRECT ANSWER-Chapter 15A Article 26, Chapter 58 Article 71, NC Administrative Code Bail Bond Law Order of Authority? CORRECT ANSWER-Chapter 15A Article 26, Chapter 58 Article 71, NC Administrative Code What North Carolina Agency is in charge of regulating Bail Bondsmen and Runners? CORRECT ANSWER-North Carolina Department of Insurance What official is the elected head of the North Carolina Department of Insurance? CORRECT ANSWER-Commissioner of Insurance W...

Bail bondsman Exam Questions and Answers - Latest Update 2023/2024 (GRADED). Not a licensed bail bondsman but uses value or property to get someone out of jail. THis person can not take money - correct answers Accommodation bondsman Undertaking by the principal to appear in court as required upon penalty of forfeiting bail to the state in a stated amount - correct answers Bail bond Unsecured bond Premium secured Cash deposit-full amount of the bond` Mortgage Least one solvent surety- 2 ...

Bail bondsman Exam Questions and Answers Verified Solutions | Latest 2023/2024 GRADED A+. Security required (monetary amount) for the release of a person from jail - correct answers Bail Obligation for the amount of bail by the person who signs the bond - correct answers Bond Not a licensed bail bondsman but uses value or property to get someone out of jail. THis person can not take money - correct answers Accommodation bondsman Undertaking by the principal to appear in court as required ...

Before a surety bondsman can write a bond, he must: - Be listed on the Electronic Bondsmen Registry Which of the following is a bail bondsman legally allowed to do? - Post bonds in any county in North Carolina A bondsman who doesn't pay premium he owes to an insurer is guilty of... - misappropriation A professional bail bondsman who willfully falsifies a monthly report is guilty of a... - Class I Felony In a bail bond office, an unlicensed person can be hired to... - Perform normal office...

NC Bail Bondsman Exam With 100% Correct Answers 2023

NC Bail Bondsman Exam Questions and Answers (Verified Solutions) Latest Update 2023!!! 1) Which statute regulates bondsman's daily business? A) 15 A Article 26 B) Chapter 58 Article 71 C) Chapter 75 D) DOI - correct answers B) Chapter 58 Article 71 2) Which is not included in the definition of an accommodation? A) person who charges a fee (money) for posting a bond B) a person who must show proof that property will cover the amount of the bond C) a person who may sue the defendant fo...

Before a surety bondsman can write a bond, he must: - correct answer -Be listed on the Electronic Bondsmen Registry Which of the following is a bail bondsman legally allowed to do? - correct answer -Post bonds in any county in North Carolina A bondsman who doesn't pay premium he owes to an insurer is guilty of... - correct answer -misappropriation A professional bail bondsman who willfully falsifies a monthly report is guilty of a... - correct answer -Class I Felony In a bail bond o...