UPDATED ACTUAL Exam Questions and
CORRECT Answers
Who enforces the regulation of Private Investigators in New York State? - CORRECT
ANSWER The New York State Secretary of State
Who regulates Private Investigators in New York State - CORRECT ANSWER The New
York State Department of State Division of Licensing
What offense has been committed when a person operates as a PI without a license? -
CORRECT ANSWER Class B Misdemeanor
A corporation's PI license can be revoked if ___% or more of the corporate stock is held by a
person who cannot meet the character standard set for an individual PI license - CORRECT
ANSWER 10%
Is a licensee obliged to supply their books or records to the State upon State Request? -
CORRECT ANSWER Yes
What is the term of PI license? - CORRECT ANSWER 2 years
What is the cost of an *individual* PI license? - CORRECT ANSWER $400
What is the cost of a *corporate* PI license? - CORRECT ANSWER $500
Are Private Investigators in New York State required to be bonded? - CORRECT
ANSWER Yes
, Are Private Investigators in New York State required to be insured? - CORRECT
ANSWER No
What is the surety bond requirement for PI? - CORRECT ANSWER $10,000
If a NY PI license is to be issued to a non-resident, what must the applicant file a written consent
to? - CORRECT ANSWER Consent to the jurisdiction of the courts of NY in any case or
cases arising from PI services within NY state
What is the minimum age for a PI license? - CORRECT ANSWER 25
What is the cost for the PI exam? - CORRECT ANSWER $15
Can a convicted felon be issued a New York PI License? - CORRECT ANSWER No
Are there misdemeanors that would disqualify a person from having a PI license? - CORRECT
ANSWER Yes
Are the list of all pending and current PI license holders posted for public view? - CORRECT
ANSWER Yes
The Division of Licensing posts _____________ the list of PI licenses that have been added or
revoked. - CORRECT ANSWER weekly
Can an individual simultaneously hold a Private Investigator license and an Employment Agency
license? - CORRECT ANSWER No
How much does it cost to change the name of a PI license? - CORRECT ANSWER $150