MO Bail Bond questions with correct answers
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 ANSWER-8 hours are required The MO Director of Insurance is appointed by the: CORRECT ANSWER-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 ANSWER-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 ANSWER-(Section 374.044) Look up An agent who changes address of name must notify the director of the change within: CORRECT ANSWER-30 Days How long is the 24 hours of initial basic training good for prior to taking test? CORRECT ANSWER-1 year Can the director hold a position as officer, agent, or be an employee of an insurance company? CORRECT ANSWER-No, but he can be a policy holder May the director hold the full power an
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