Exam (elaborations)
NC Bail Bond License Review questions with correct answers 2024/2025
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NC Bail Bond License Review questions with correct answers 2024/2025
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NC Bail Bond License ReviewPrincipal - ANSDefendant of witness obligated to appear
Bail bond - ANSDefendant undertaking to appear in court
bail - ANSsecurity required for the release of the defendant
Bond - ANSLegal obligation assumed by the one post bail
Collateral - ANSSomething of value to indemnify the bondsman in the event of forfeiture of bail
Types of collateral - ANSMoney security agreement real property personal property
when must collateral be returned - ANSWithin 72 hours of exoneration of case
Which statue regulates bondsman daily business - ANSChapter 58 article 71
How can an accommodation bondsman post bond - ANSCash or property
What are the three areas of North Carolina bail bond law - ANSChapter 15 a article 26 chapter
58 article 71 North Carolina Administrative Code
Who is in charge of regulating bail bondsman and runners - ANSNorth Carolina Department of
Insurance
Who is elected head of North Carolina Department of Insurance - ANSCommissioner of
Insurance
if a bondsman license is revoked what is the minimum revocation period? - ANSNo minimum
If a bondsman license is revoked what is the maximum revocation time - ANSNo maximum
What is the definition of bail - ANSThe security required for the release of a defendant
What is the definition of bond - ANSThe obligation assumed by the one who post bail
What is the purpose of a bail bond - ANSTo assure the appearance of the defendant in court
Other than the release of a person from jail a bail bond may be used for what - ANSThe return
of a motor vehicle from impoundment
, What is the definition of resident - ANSAnyone who has lived in this state for at least six
consecutive months immediately before applying for a bail bond license
What is a supervising bondsman - ANSA professional or surety bondsman and then who
employs or contracts with new licensee
It is a surety bondsman a surety - ANSNo
A first-year licensee applying for a runner's license will be supervised by who? - ANSA
professional bondsman
The paperwork showing the charge and the time and location to appear in court is called what -
ANSConditions of release
For the release of a defendant the conditions of release information is transferred to what -
ANSThe appearance bond
You are not required to fill out the bond affidavit if you are a ______ - ANSAccommodation
bondsman
The maximum bail bond premium that can be charged is - ANS15% of the face amount of the
bond
The minimum bail bond premium that can be charged is - ANS0 percent of the face amount of
the bond
If other than money is taken as a bond premium what is the requirement for the value of that
item - ANSThe value of the items must be reasonable in relation to the premium charged
After filling out the front of the appearance bond what must a bondsman do to complete the
bond - ANSFill out the affidavit on the back of the appearance bond and attach professional
bondsman certification seal or surety bondsman's qualifying power
If a bond is written on credit or partial credit what form must be filled out? - ANSA memorandum
of agreement
How many days does a license to you have to appeal a former insurance notice of not
discharging affidavit of surety? - ANS10 days
The bond affidavit provides information on what? - ANSPremium and collateral
If collateral is taken which form is the information about the collateral listed on? - ANSThe bond
affidavit on the back of the appearance ponds
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