After filling out the front of the appearance bond, what must a bondsman do to
complete
the bond?
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Fill out the affidavit on the back of the appearance bond
Attach professional bondsman's certification seal or surety bondsman's
qualifying power
Where is the motion to set forfeiture outside?
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On the back of the forfeiture notice
,What is the minimum security deposit to be licensed as a professional bondsman?
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$15,000
Where can a bondsman or runner write bonds after being registered in the registry?
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All counties in N.C.
If collateral is taken, what three things are to be recorded on the bond affidavit?
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-Name of the person
-Nature of the collateral
-Value of the collateral
3 types of sureties
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, Professional bondsman
Accommodation bondsman
Insurer
What will happen if a licensee fails to notify the commissioner of a change of
address?
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The licensee shall pay admin fee of $50
What is the definition of commissioner?
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The North Carolina commissioner of insurance
When may bondsman share a trust account?
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With approval of the commissioner and working out of the same business
office or location
What two things are prohibited as to a bondsman or runners actions regarding law
enforcement?
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-shall not impersonate a law enforcement officer
-shall not represent connection with an agency of the local, state, or
federal government
What is bond
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Is the obligation assumed by the one who post bail
What are the requirements for holding cash, check, or other negotiable instruments as
collateral?
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It must be held in a trust account in a North Carolina bank
It must be held in a non-interest bearing trust account
It must be held separate from any other personal or business account_
The trust account is for funds collected as collateral on bail bonds only
The trust account funds cannot be commingled with any other funds
The collateral must be deposited in the trust account within 2 banking days
after receipt
What are two main differences between an accommodation bondsman and othe
bondsmen?
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complete
the bond?
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Fill out the affidavit on the back of the appearance bond
Attach professional bondsman's certification seal or surety bondsman's
qualifying power
Where is the motion to set forfeiture outside?
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On the back of the forfeiture notice
,What is the minimum security deposit to be licensed as a professional bondsman?
Give this one a try later!
$15,000
Where can a bondsman or runner write bonds after being registered in the registry?
Give this one a try later!
All counties in N.C.
If collateral is taken, what three things are to be recorded on the bond affidavit?
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-Name of the person
-Nature of the collateral
-Value of the collateral
3 types of sureties
Give this one a try later!
, Professional bondsman
Accommodation bondsman
Insurer
What will happen if a licensee fails to notify the commissioner of a change of
address?
Give this one a try later!
The licensee shall pay admin fee of $50
What is the definition of commissioner?
Give this one a try later!
The North Carolina commissioner of insurance
When may bondsman share a trust account?
Give this one a try later!
With approval of the commissioner and working out of the same business
office or location
What two things are prohibited as to a bondsman or runners actions regarding law
enforcement?
, Give this one a try later!
-shall not impersonate a law enforcement officer
-shall not represent connection with an agency of the local, state, or
federal government
What is bond
Give this one a try later!
Is the obligation assumed by the one who post bail
What are the requirements for holding cash, check, or other negotiable instruments as
collateral?
Give this one a try later!
It must be held in a trust account in a North Carolina bank
It must be held in a non-interest bearing trust account
It must be held separate from any other personal or business account_
The trust account is for funds collected as collateral on bail bonds only
The trust account funds cannot be commingled with any other funds
The collateral must be deposited in the trust account within 2 banking days
after receipt
What are two main differences between an accommodation bondsman and othe
bondsmen?
Give this one a try later!
