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MS Bail |188 Exam Questions And Answers| Success Guaranteed

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The purpose of bail is? - ️️To guarantee appearance and a bail bond shall not be forfeited for any other reason. What are the three documents that a court clerk must provide to the professional bail agent when forfeiting a bond. - ️️Judgement Nisi Scire Facias Copy of the Bench Warrant...

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MS Bail Exam The purpose of bail is? - ✔ ✔ To guarantee appearance and a bail bond shall not be forfeited for any other reason. What are the three documents that a court clerk must provide to the professional bail agent when forfeiting a bond. - ✔ ✔ Judgement Nisi Scire Facias Copy of the Bench Warrant A Final Judgement is returnable for? - ✔ ✔ At least 90 days When can a bond be forfeited? - ✔ ✔ At the time of nonappearance (at the missed court date) A Judgement Nisi is returnable for? - ✔ ✔ At least 90 days How long is a Final Judgement returnable for? - ✔ ✔ At least 90 days Who can be issued a license under Ms Code 83039? - ✔ ✔ No license shall e issued or renewed except in compliance with this chapter, and none shall be issued except to an INDIVIDUAL. A professional bail agent can work under how many names? - ✔ ✔ No professional agent shall operate under m ore than one(1) trade name. How many professional bail agents can a soliciting agent work for? - ✔ ✔ One(1) and they must operate under the same trade name as the professional agent. WHat is the definition of relative as it pertains to Ms. Code 83 -39? - ✔ ✔ "Relative" means a spouse, parent, grandparent, child, sister, brother, or consanguineous aunt, uncle, niece, or nephew. Department - ✔ ✔ The Department of Insurance Professional bail agent - ✔ ✔ means any individual who shall furnish bail, acting as a licensed personal surety agent or as a licensed limited surety agent representing an insurer as defined in Ms. Code 83 -39. The above definition shall not include, and Ms. Code 83 -3 does not apply to any individual who is not licensed under Ms. Code 83 -39 who acts as a personal surety in instances where there is no compensation charged or received for such services. Limited surety agent - ✔ ✔ Means any individual who is appointed by an insurer by power of attorney to execute or countersign bail bonds in connection with judicial proceedings, and who is duly licensed by the commissioner to represent such insurer for the restricted lines of bail, fidelity and surety, after successfully completing a limited examination by the department for the restricted lin es of business., Personal surety agent - ✔ ✔ Means any individual who, having posted the necessary qualification bond with the commissioner as required by section 83 -39-8, and duly licensed by the commissioner, may execute and sign bail bonds in connectio n with judicial proceedings. All new personal surety agents licensed after July 1, 1994, shall complete successfully a limited examination by the department for restricted lines of business. Surety - ✔ ✔ means the insurer or personal surety agent guarante eing the bail bond and for the purpose of process does not mean the agent of such insurer or personal surety agent. Can a person license if they have a relative that is either law enforcement, judicial official, employee, contractor, or contractor's emplo yee of any any police department, sheriffs department, jail, or corrections facility that houses federal, state, county, or municipal inmates? - ✔ ✔ Yes, but they can not write a bail bond in the county in which the relative works. Can the commissioner re fuse to issue a privilege license for a soliciting bail agent to change from one (1) professional bail agent to another? If so why? - ✔ ✔ Yes, if the soliciting agent owes any premium or debt to the professional bail agent with whom he is currently license d. How many hours of pre -licensing education is required before a person can license as a professional, soliciting, or bail enforcement agent? - ✔ ✔ 40 Hours How many hours of education does a professional, soliciting, and bail enforcement agent need each year? - ✔ ✔ 8 Hours How much is the qualification bond a person applying for personal surety have to deposit with the Department? - ✔ ✔ $30,000 When is a pr ofessional agent due a refund of the bond that has been paid to the court? - ✔ ✔ If the defendant is found and surrendered within 18 months of the Final Judgement. If a professional surety dies, what can the representative of the estate do? - ✔ ✔ They can contract with another professional, soliciting, or bail enforcement agent to assist him in closing the outstanding liability. Who can not work for a professional agent in the bail bonding business? - ✔ ✔ Any person that is not licensable. What are the f ees for a 1 - Professional Agent 2 - Soliciting Agent 3 - Bail Enforcement Agent - ✔ ✔ 1 - $100 2 - $40 3 - $40

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