State board Exam Review

Question 1

What statue regulates bondsmen’s daily basis?

Answer 1

Chapter 58 Article 71

Question 2

Which is NOT included in the definition of an accommodation bondsman?

Answer 2

A person who charges a fee (money ) for posting a bond

Question 3

How can an accomodation bondsman post bonds?

Answer 3

cash and property

Question 4

What id the definition of a bail bond ?

Answer 4

An undertaking by the principal to appear in court upon penalty of forfeiting bail

Question 5

Which one is NOT a type of bail bond?

Answer 5

Signed title to motor vehicle kept in trust

Question 6

What are the three areas of North Carolina bail bond laws?

Answer 6

Chapter 15A, Article 26, Chapter 58 Article 71, N,C. Administrative Code

Question 7

If there is conflict between the areas of bail bonds law, what is FIRST in the order of authority ?

Answer 7

Chapter 15A Article 26

Question 8

Who is in charge of regulating bail bondsmen and runners?

Answer 8

North Carolina Department of Insurance

Question 9

Who is the elected head of the North Carolina Department of insurance?

Answer 9

Comissioner of Insurance

Question 10

What persons are NOT prohibited from becoming licensed as bail bondsmen or runners?

Answer 10

Officers in any branch of the United States Armed Services

Question 11

What are two restrictions for persons prohibited from becoming bail bondsmen or runners?

Answer 11

Shall not act as an agent or any bail bonds company or bail bondsmen

Question 12

What is NOT one of the general qualifications for bail bondsmen and runners?

Answer 12

Be resident if North Carolina for at least 2 years

Question 13

Which is NOT considered” proof of residency documentation”?

Answer 13

Birth Certificate

Question 14

Early regulation of bail was on what level of government ?

Answer 14

County

Question 15

The DOI began regulating bail in N.C. in what year?

Answer 15

1964

Question 16

What is the definition of “bail”?

Answer 16

The security required for the release of a defendant

Question 17

What is the defintion of ‘bond’?

Answer 17

The obligation assumed by the one who posts bail

Question 18

What is the purpose of a bail bond?

Answer 18

To assure the appearance of the defendant in court

Question 19

Other than the release of a person from jail, a bail bond be used for:

Answer 19

The return of a motor vehicle

Question 20

In obtaining a bail bond license, the definition of a resident is:

Answer 20

Anyone who has lived in this state for at least sox consecutive months immediately before applying for a bail bond license

Question 21

A supervising bondsman is

Answer 21

A professional or surety bondsman who employs or contracts with a new license

Question 22

A surety bondsman is not

Answer 22

A defendant or witness obligated to appear in court

Question 23

Which of the following is not a surety ?

Answer 23

A surety bondsman

Question 24

A first Year license applying for runner’s license will be supervised by:

Answer 24

A professional bondsman

Question 25

A first year licensee applying for a surety bondsman's license is supervised by

Answer 25

A surety bondsman

Question 26

The paperwork showing the charge and the time and location to appear in court is called:

Answer 26

Conditions of Release

Question 27

What is the Bail Bond premium ?

Answer 27

The fee charged for posting the bond

Question 28

For the release of a defendant the " conditons of release" information is transferred to ?

Answer 28

The appearance bond

Question 29

You are not required to fill out the bond affidavit if you are

Answer 29

Arresting officer

Question 30

The required ' identifying information" on a bond does not include

Answer 30

Address and phone number of bondsman's office

Question 31

The person who is not legally responsible to the state if the defendant skips is the :

Answer 31

Surety bondsman

Question 32

The maximum bail premium that can be charged is:

Answer 32

15% of the face amount of the bond

Question 33

The minimum bail bond premium that can be charged is :

Answer 33

0% of the face amount of the bond

Question 34

If other than money is taken as bind premium, what is the requirement for the value of that item?

Answer 34

The value of the item must be reasonable in relation to the premium charged

Question 35

After filling out the front of the appearance bond, what must a bondsman fo complete the bond?

Answer 35

Fill out the affidavit on the back of the appearance bond and Attach professional bondsman's certification seal or surety bondsman's qualifying power

Question 36

If a bond is written in credit or partial credit, what forms must be filled out

Answer 36

Memorandum of Agreement

Question 37

One of the three things shown on a bail bond that makes it binding is not:

Answer 37

Social Security Number (SSID) of the defendat

Question 38

The bind affidavit provides information on what?

Answer 38

Premium and Collateral

Question 39

If collateral is taken, which form is the information about the collateral listed on?

Answer 39

The bond affidavit on the back of the appearance bond

Question 40

If any premium is received, a bondsman must give them:

Answer 40

A reciept

Question 41

What are the requirements for a reciept?

Answer 41

- prenumbered by a printer, used and filed consecutive numerical order - Show name and address of the bail bondsman, the defendant's name, the amount and date paid, and the name of the person accepting the payment - show the total amount of the bond for which the fee is being charged

Question 42

IF collateral taken, what things are be recorded in the bond affidavit ?

Answer 42

- Name of the person from whom the collateral was received | - Nature and value of the collateral

Question 43

If collateral is taken, what is required on the receipt?

Answer 43

Full description and value of the collateral