EXAM SOLVED CORRECTLY.
Producer License - Answer needed in Louisiana for any individuals, partnerships or corporations who
wish to transact business, as well as to sell, solicit, or negotiate insurance on behalf of an insurer
authorized to do business in Louisiana
ACQUIT - Answer TO FIND A PERSON NOT GUILTY OF A CRIME
DISPOSITION - Answer The formal conclusion of a criminal proceeding at whatever stage it occurs in
the criminal justice system.
FELONY - Answer An offense punishable by death and imprisonment
An offense which calls for fines in excess of $1,000 or imprisonment for more than 6 months
CAPITAL OFFENSE - Answer A criminal offense that may be punishable by death or imprisonment
5 YEARS - Answer Insurance Commissioner will examine the finances of each Louisiana Insurance
Company every: ???
BAIL - Answer Is the security given by a person to assure his appearance before the proper court
whenever required
CERTIFICATE OF AUTHORITY - Answer Gives the insurance company the right to do business in the
state.
3 - Answer How many people or entities are involved in a Surety Bond?
Bail through Cash Deposits
Bail without Surety
, Bail through Surety - Answer What are 3 types or forms of Bail in Louisiana?
SURETY - Answer Company Authorized to do business in the State of Louisiana may become surety for
the release of a person on bail
BAIL THROUGH SURETY
BAIL WITHOUT SURETY
BAIL THROUGH CASH DEPOSITS - Answer Three Types or forms of Bail in Louisiana
CONTRACT - Answer an agreement between two or more parties
CREATED
MODIFIED
EXTINGUISHED - Answer in a contract an agreement is by two or more parties, whereby obligations
are???
JUMPING BAIL - Answer the intentional failure to appear at such time and place as designated by the
judge or magistrate who has fixed the amount of the bail bond
AGENT - Answer Is an associate of the Insurance Company
HABEAS CORPUS - Answer a writ commanding a person who has another in his custody to produce him
before the court and to state the authority for the custody
BAIL BOND AGENT
BAIL RECOVERY AGENT - Answer Is a person, corporation, or partnership which holds an insurance
agent or solicitor license and who is authorized to provide surety in Louisiana, and/or engages in the
apprehension and return of persons who are released on bail or who failed to appear at any state of the
proceedings to answer the charge before the court in which they may be prosecuted