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Exam (elaborations)

Bailsbond Questions With Correct Answers

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BAILSBOND QUESTIONS WITH CORRECT ANSWERS

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Who regulates bail in oklahoma


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The insurance commissioner of the State of Oklahoma




Who has full power and authority to administer to provisions of this act, which
regulates bail bondsmen and to that end to adopt, and promulgate rules and
regulation to enforce the purposes and provisions of this act?


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The insurance Commissioner

, What are the different types of bondsmen?


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surety, professional, multi-country agent, property, cash




Can a bondsman be a convicted felon?


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as long as it does not "substantially relates to the occupation of a
bondsman and poses a reasonable threat to public safety"




who cannot be a bondsman or receive benefits from the execution of a bond?


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a person pleated guilty of a felony, jailers, police officers, judges, district
court judge, prisoners, sheriffs,




Who directly supervises bondmen for the insurer


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Managing general agent (MGA)

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