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