Correct!!
A bondsman guarantees that they will: - -pay the bond forfeiture if defendant does
not appear in court
A bondsman has ________ days to notify DOI of a felony or misdemeanor conviction,
other than a motor vehicle violation. - -10
A bondsman is required to provide the Commissioner with: - -the bondsman's
email address
A bail bond's purpose is to: - -guarantee a defendant's appearance in court
A bond forfeiture may be set aside for all of the following reasons: - -Death of the
defendant
-FTA set aside and OFA recalled
-The defendant was surrendered in a county other than the one he was bonded from
A bondman liability is terminated: - -upon the disposition of the case
A bondman may sell collateral in order to pay: - -a forfeiture
A bondman may surrender a defendant post-breach: - -in the county where the
defendant was originally bonded, is to be tried, or is incarcerated
A bondman who doesn't pay premium he owes to an insurer is guilty of: - -
misappropriation
A bail bond applicant must have: - -a high school diploma or equivalent, be a
resident of NC for at least 6 months, pass a pre-licensing test given by a NCDOI
certified provider
A bail bond is effective and binding until: - -the final disposition of the case
A bail bond is exonerated if the defendant: - -is found guilty in district court and no
appeal is made
-is surrendered prior to the breach
, A bondsman may be paid over 15% of the bond if: - -the bond amount if reduced
after the original bond is written
A bondsman may require ________ from the defendant or co-signor in order to protect
against forfeiture: - -collateral
A bondsman may surrender a defendant pre-breach: - -at the county from which
the defendant was originally bonded or where his case will be tried
A bondsman may: - -surrender a defendant after a breach of the undertaking
A bondsman must deposit cash collateral in a trust account within how many days? -
-2 banking days
A bondsman must give the person who gives him collateral: - -a written receipt
describing the collateral
A bondsman must maintain records of his bail bond transactions after final entry for: -
-36 months
A bondsman must make his business records available to the Commissioner of
Insurance: - -at any time, as often as deemed appropriate by the Commissioner
A bondsman must notify the NCDOI of his bankruptcy within how many days? - -3
business days
A bondsman's _______________ responsibility relates to money or funds they are
entrusted to that bondsman's care: - -fiduciary
A bondsman's license may be renewed by completing 3 hours of continuing education
yearly and: - -completing the renewal application and paying the renewal fee
biennially
A cash bond is: - -posting bail with cash
A defendant's appearance in court is guaranteed by the: - -bail bonds
A defendant's bond can be revoked if they: - -do not fulfill an obligation of the
court
A first year licensee is required to have _____ months of uninterrupted supervision. -
-6