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Exam (elaborations)

MO Bail Bond (Tim's Class) questions and answers latest top score.

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MO Bail Bond (Tim's Class) questions and answers latest top score. According to MO law, a bail bond agent, general bail bond agent, or a surety recovery agent must complete which of the following hours of CECs every 2 years before renewing their license? - correct answers.8 hours are required The MO Director of Insurance is appointed by the: - correct answers.Governor If the Director of Insurance decides to examine the affairs and good faith of an agent in MO, the cost of the examination will be borne by: - correct answers.The company being examined If the director believes that a person in engaging in, or has taken substantial steps toward engaging in an act, practice, omission of course of business, violating constitution of the laws of the state to bail bond in this state the director can take the case to court and, if is found showing guilty, the court may: - correct answers.(Section 374.044) Look up An agent who changes address of name must notify the director of the change within: - correct answers.30 Days How long is the 24 hours of initial basic training good for prior to taking test? - correct answers.1 year Can the director hold a position as officer, agent, or be an employee of an insurance company? - correct answers.No, but he can be a policy holder May the director hold the full power and authority to make all reasonable rules and regulations? - correct answers.Yes At what point is a bondsman no longer responsible for a bond? - correct answers.When the case is disposed Can the director make laws? - correct answers.No. The director abides by the law. Within how many days after receiving a commission, before entering upon the duties of the office, shall the director take the oath of office? - correct answers.20 days Who has the power to release bail bondsmen from the bond? - correct answers.The judge, or the sheriff if the judge isn't there True or False: Any agent who is licensed in another state shall be subject to the same training requirements as in-state agents. - correct answers.True Who has permission to write the power of attorney? - correct answers.The Bail Bondsman The term Surety refers to: - correct answers.The Bail Bondsman The purpose of a bail bond is to: - correct de some kind of guarantee that the suspect will appear to answer for charges at a later date Who is responsible for paying the bail bond amount when it goes to forfeiture? - correct answers.The General Who is not eligible to bail: - correct answers.Illegal Aliens What will prohibit you from holding a bail bond or surety recovery license? - correct answers.Not having a diploma or GED How often is a bail bond or surety license renewed? - correct answers.Biannually What does a surety recovery agent have the ability to do? - correct answers.Request copy of the certified bond from a county clerk A bail bondsman has the authority to do what? - correct answers.Offer a discount in order to secure a bond The term fiduciary means: - correct answers.Person appointed by the court to handle the affairs...?? What is an indemnitor? - correct answers.The Obligor on the bond contract If a trial is located in a different area from where the defendant was originally bonded out, who does the bail become payable to when it goes to forfeiture? - correct answers.The court in which the case is written for The person to whom the obligation is owed: - correct answers.Obligee Primarily the defendant is - correct answers.Obligor A document which gives a person the right to make binding decisions - correct of attorney Punishable by death (originally), by decapitation (life imprisonment without parole), Class A Felony: - correct answers.Capitol Offense Property which has been committed to guarantee a loan: - correct answers.Collateral To make a request to a higher court: - correct answers.Appeal A process granted by a court authorizing a proper officer to apprehend and bring before it someone charged with contempt, crime, or misdemeanor: - correct answers.Bench Warrant


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