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Exam (elaborations)

NC BAIL BONDSMAN EXAM QUESTIONS WITH 100% CORRECT ANSWERS

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NC BAIL BONDSMAN EXAM QUESTIONS WITH 100% CORRECT ANSWERS

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NC BAIL BONDSMAN EXAM QUESTIONS WITH
100% CORRECT ANSWERS
3 areas of Bail Bond Law? - correct answer -Chapter 15A Article 26, Chapter 58 Article 71, NC
Administrative Code

Bail Bond Law Order of Authority? - correct answer -Chapter 15A Article 26, Chapter 58 Article 71, NC
Administrative Code

What North Carolina Agency is in charge of regulating Bail Bondsmen and Runners? - correct answer -
North Carolina Department of Insurance

What official is the elected head of the North Carolina Department of Insurance? - correct answer -
Commissioner of Insurance

Who is the North Carolina Commissioner of Insurance? - correct answer -Mike Causey

What persons are prohibited from becoming licensed as Bail Bondsmen? - correct answer -Sheriff,
Sheriff Deputy, Law Enforcement Officer, Attorney, Parole Office, Probation Officer, Jailer, Assistant
Jailer, Employee of the General Courts of Justice, Other public employee assigned to the adminstration
of criminal justice, Nor the spouse of such person

What are the two restrictions for persons prohibited from becoming Bail Bondsmen or Runners? -
correct answer -Shall not act as an agent for any Bail Bond company or Bail Bondsmen

Shall not have any financial interest, directly or indirectly, in any bail bond business

What are the general qualifications for Bail Bondsmen and Runners? - correct answer -Be 21 Years of
Age or Older

High School Diploma or GED

Be a Resident of this State (NC)

Have knowledge, training, or experience of sufficient duration and extent to provide the competence
necessary to fulfill the responsibilities of a licensee

Have no outstanding bail bond obligations

Have no current or prior violations of any provision of Chapter 58 Article 71 or Chapter 15A Article 26 or
any similar provision of law of any State

Not in any manner disqualified under the laws of this State or any other State to engage in the bail bond
business

,Hold valid and current NC Drivers License or NC Identification Card issued by the NCDMV

What 'Proof of Residency' documentation is required showing residential address? - correct answer -Pay
Stub

Utility Bill

Written Lease Agreement / Contract for Purchase

Receipt for Property Taxes

Receipt for Real Property Taxes

Monthly or Quarterly Statement from a Financial Institution

How many documents must an applicant provide to show proof of residency? - correct answer -At least
Two

What are two offenses for which the Commissioner shall deny an application or revoke a license? -
correct answer -Conviction of a felony

Conviction of a misdemeanor drug offense

If your application is denied or you fail the exam, how long must you wait before reapplying or re-
testing? - correct answer -One year

Bail Bond is divided into two parts. What does 'bail' and 'bond' mean? - correct answer -Bail is the
security (monetary amount) required for release

Bond is the obligation assumed by the one who posts bail

What is the purpose of a bail bond? - correct answer -To assure the appearance of the defendant in
court

What are the consequences of a bail bond? - correct answer -Forfeiture of bail

Order for arrest (OFA)

What is the definition of an accommodation bondsman? - correct answer -A Person Who:

Shall not charge a fee (money) for posting a bond

Shall not receive any consideration (money or anything of value) to keep for personal use as a condition
of posting a bond

Must show proof that property will cover the amount of the bond

, May require collateral

Is not licensed

In what ways can an accommodation bondsman post bonds? - correct answer -Cash or Property

What is the definition of a bail bond? - correct answer -An undertaking by the principal to appear in
court upon penalty of forfeiting bail

What are the types of bail bond listed under the bail bond definition? - correct answer -Unsecured

Premium Secured

Cash Deposit

Mortgage

What can a bail bond be used for other than the release of a person from jail? - correct answer -Release
of a motor vehicle from impoundment

What is the definition of a bail bondsman? - correct answer -Surety Bondsman

Professional Bondsman

Accommodation Bondsman

What is the definition of Commissioner? - correct answer -The North Carolina Commissioner of
Insurance

What is the definition of a first year licensee? - correct answer -Any person licensed as a bondsman or
runner for a period of less than 12 months

What is the definition of insurer? - correct answer -Any domestic, foreign, or alien surety company
qualified generally to transact surety business and specifically to transact bail bond business in this State

What is the definition of an obligor? - correct answer -A principal or surety on a bond

What is the definition of a principal? - correct answer -A defendant or witness obligated to appear in
court upon penalty of forfeiting bail under a bail bond

What is the definition of a professional bondsman? - correct answer -Any person licensed by the
Commissioner and who pledges cash or other securities with the Commissioner as security for bail
bonds and receives or is promised money or other things of value for writing bail bonds

What is the definition of a resident? - correct answer -A person who lives in this State for 6 consecutive
months before applying for a bail bond license

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