FL Bail Bonds questions with correct answers
Which two Florida Statutes govern the bail bond industry? CORRECT ANSWER-Chapter 648 and 903 Which Governmental agency or department governs the bail bond industry in the state of Florida? CORRECT ANSWER-Florida Department of Financial Services The Records of all Bail Bond written in this state must be made available within how many hours after being requested by the state? CORRECT ANSWER-48 hours What types of action can the department take against an agents bail bond license? ( 4 types) CORRECT ANSWER-Fine-Probation-suspension-Revoke What is a daily bond register? CORRECT ANSWER-The power registry-Daily log of powers used-Itemized list to count What must be held in an individual file or envelope for each principal for whom a bail bond has been executed? CORRECT ANSWER-Power- Appearance Bond-premium receipt-Collateral receipt-promissory note-indemnity agreement-disclosure notice-Application/Contract-Discharge What is considered to be reasonable business hours CORRECT ANSWER-8 hours a day 5 days a week (Between the hours of 8am and 6pm) Explain what is acceptable as it pertains to the branch office of a bail agency's entrance and sign? CORRECT ANSWER-Business name and address you have filed with the department.
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