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NC Bail Bonds questions with correct answers 2024/2025
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NC Bail Bonds questions with correct answers 2024/2025
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NC Bail BondsWhat are the 3 areas of bail bond law? - ANSChapter 15A, Article 26
Chapter 58, Article 71
NC Administrative Code
What NC agency is in charge of regulating bail bondsmen and runners? - ANSNC Department
of Insurance
Who is the NC Commissioner of Insurance? - ANSWayne Goodwin
What persons are prohibited from becoming licensed as bail bondsmen or runners? -
ANSSheriff, Deputy Sheriff, Law enforcement officer, Attorney, Parole Officer, Probation Officer,
Jailer, Assistant Jailer, Employee of the General Courts of Justice, other public employee
assigned to the administration of criminal justice.
*NOR THE SPOUSE OF SUCH PERSON
What is the purpose of a bail bond? - ANSTo assure the appearance of the defendant in court
What are the consequences of a bail bond? - ANS1) Forfeiture of bail
2) Order for arrest
What is the definition of a bail bond? - ANSAn undertaking by the principal to appear in court
upon penalty of forfeiting bail
What are the types of bail bond? - ANS1) Unsecured
2) Premium Secured
3) Cash Deposit
4) Mortgage
What can a bail bond be used for other than the release of a person from jail? - ANSRelease of
a motor vehicle from impoundment
What are the different types of bail bondsman? - ANS1) Accommodation bondsman
2) Surety bondsman
3) Professional bondsman
What is the definition of Commissioner? - ANSThe NC Commissioner of Insurance
What is the definition of an obligor? - ANSA principal or surety on a bond
, What is the definition of a surety? - ANSOne who with the principal is liable for the amount of
the bail bond upon forfeiture
What are the 3 types of sureties? - ANS1) Professional Bondsman
2) Accommodation Bondsman
3) Insurer (Insurance Company)
When a person is arrested, what form shows the charge, time, and location to appear in court? -
ANSConditions of release
What form is the conditions of release transferred to for the release of a defendant? - ANSThe
Appearance bond
What does the bond affidavit provide information on? - ANSPremium and Collateral
What is the maximum bail bond premium that can be charged? - ANS15%
What are the only 2 things of value a bondsman can accept for posting a bond? - ANSPremium
or Collateral
What is collateral? - ANSSomething of value to indemnify or protect the bondsman in the event
of forfeiture
What are the different types of collateral? - ANS1) Money or other negotiable instrument
2) Personal Property
3) Real Property
4) Indemnity agreement
How much collateral is a bondsman allowed to take for posting a bonds? - ANS100%
What is a collateral trust account? - ANSA bank account for cash collateral received on bail
bonds
If collateral is taken, what is required on the receipt? - ANSA full description and value of the
collateral
When must collateral be returned? - ANSWithin 72 hours after final termination of liability on the
bond
What is the requirement of returning collateral other than cash? - ANSIt must be returned in the
same condition as requested and received by the bondsman
What are the requirements for holding cash, check, or other negotiable instruments as
collateral? - ANSIt must be held in a trust account in a NC bank
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