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Exam (elaborations)

NC Bail Bond License Review questions with correct answers

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2023/2024 Written for academic year
Institution Bail Bonds
Course Bail Bonds
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Principal CORRECT ANSWER-Defendant of witness obligated to appear Bail bond CORRECT ANSWER-Defendant undertaking to appear in court bail CORRECT ANSWER-security required for the release of the defendant Bond CORRECT ANSWER-Legal obligation assumed by the one post bail Collateral CORRECT ANSWER-Something of value to indemnify the bondsman in the event of forfeiture of bail Types of collateral CORRECT ANSWER-Money security agreement real property personal property when must collateral be returned CORRECT ANSWER-Within 72 hours of exoneration of case Which statue regulates bondsman daily business CORRECT ANSWER-Chapter 58 article 71 How can an accommodation bondsman post bond CORRECT ANSWER-Cash or property What are the three areas of North Carolina bail bond law CORRECT ANSWER-Chapter 15 a article 26 chapter 58 article 71 North Carolina Administrative Code

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