FL Bail Bonds Test Questions &Answers(RATED A)
Which two Florida Statutes govern the bail bond industry? -ANSWER Chapter 648 and 903 Which Governmental agency or department governs the bail bond industry in the state of Florida? -ANSWER Florida Department of Financial Services The Records of all Bail Bond written in this state must be made available within how many hours after being requested by the state? -ANSWER 48 hours What types of action can the department take against an agents bail bond license? ( 4 types) -ANSWER Fine-Probation-suspension-Revoke What is a daily bond register? -ANSWER The power registry-Daily log of powers used-Itemized list to count What must be held in an individual file or envelope for each principal for whom a bail bond has been executed? -ANSWER Power- Appearance Bond-premium receipt-Collateral receipt-promissory note-indemnity agreement-disclosure notice-Application/Contract-Discharge What is considered to be reasonable business hours -ANSWER 8 hours a day 5 days a week (Between the hours of 8am and 6pm)
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