State board Exam Review Flashcards
What statue regulates bondsmen’s daily basis?
Chapter 58 Article 71
Which is NOT included in the definition of an accommodation bondsman?
A person who charges a fee (money ) for posting a bond
How can an accomodation bondsman post bonds?
cash and property
What id the definition of a bail bond ?
An undertaking by the principal to appear in court upon penalty of forfeiting bail
Which one is NOT a type of bail bond?
Signed title to motor vehicle kept in trust
What are the three areas of North Carolina bail bond laws?
Chapter 15A, Article 26, Chapter 58 Article 71, N,C. Administrative Code
If there is conflict between the areas of bail bonds law, what is FIRST in the order of authority ?
Chapter 15A Article 26
Who is in charge of regulating bail bondsmen and runners?
North Carolina Department of Insurance
Who is the elected head of the North Carolina Department of insurance?
Comissioner of Insurance
What persons are NOT prohibited from becoming licensed as bail bondsmen or runners?
Officers in any branch of the United States Armed Services
What are two restrictions for persons prohibited from becoming bail bondsmen or runners?
Shall not act as an agent or any bail bonds company or bail bondsmen
What is NOT one of the general qualifications for bail bondsmen and runners?
Be resident if North Carolina for at least 2 years
Which is NOT considered” proof of residency documentation”?
Birth Certificate
Early regulation of bail was on what level of government ?
County
The DOI began regulating bail in N.C. in what year?
1964
What is the definition of “bail”?
The security required for the release of a defendant
What is the defintion of ‘bond’?
The obligation assumed by the one who posts bail
What is the purpose of a bail bond?
To assure the appearance of the defendant in court
Other than the release of a person from jail, a bail bond be used for:
The return of a motor vehicle
In obtaining a bail bond license, the definition of a resident is:
Anyone who has lived in this state for at least sox consecutive months immediately before applying for a bail bond license
A supervising bondsman is
A professional or surety bondsman who employs or contracts with a new license
A surety bondsman is not
A defendant or witness obligated to appear in court
Which of the following is not a surety ?
A surety bondsman
A first Year license applying for runner’s license will be supervised by:
A professional bondsman
A first year licensee applying for a surety bondsman’s license is supervised by
A surety bondsman
The paperwork showing the charge and the time and location to appear in court is called:
Conditions of Release
What is the Bail Bond premium ?
The fee charged for posting the bond
For the release of a defendant the “ conditons of release” information is transferred to ?
The appearance bond
You are not required to fill out the bond affidavit if you are
Arresting officer
The required ‘ identifying information” on a bond does not include
Address and phone number of bondsman’s office
The person who is not legally responsible to the state if the defendant skips is the :
Surety bondsman
The maximum bail premium that can be charged is:
15% of the face amount of the bond
The minimum bail bond premium that can be charged is :
0% of the face amount of the bond
If other than money is taken as bind premium, what is the requirement for the value of that item?
The value of the item must be reasonable in relation to the premium charged
After filling out the front of the appearance bond, what must a bondsman fo complete the bond?
Fill out the affidavit on the back of the appearance bond and Attach professional bondsman’s certification seal or surety bondsman’s qualifying power
If a bond is written in credit or partial credit, what forms must be filled out
Memorandum of Agreement
One of the three things shown on a bail bond that makes it binding is not:
Social Security Number (SSID) of the defendat
The bind affidavit provides information on what?
Premium and Collateral
If collateral is taken, which form is the information about the collateral listed on?
The bond affidavit on the back of the appearance bond
If any premium is received, a bondsman must give them:
A reciept
What are the requirements for a reciept?
- prenumbered by a printer, used and filed consecutive numerical order
- Show name and address of the bail bondsman, the defendant’s name, the amount and date paid, and the name of the person accepting the payment
- show the total amount of the bond for which the fee is being charged
IF collateral taken, what things are be recorded in the bond affidavit ?
- Name of the person from whom the collateral was received
- Nature and value of the collateral
If collateral is taken, what is required on the receipt?
Full description and value of the collateral
