MO Bail Bond (Tim's Class) Questions and Answers | 2025 Update | 100% Correct

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? 8 hours are required The MO Director of Insurance is appointed by the: 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: 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: (Section 374.044) Look up Don't know? 8/5/25, 1:22 PM MO Bail Bond (Tim's Class) Flashcards | Quizlet address of name must notify the director of the change within: 30 Days How long is the 24 hours of initial basic training good for prior to taking test? 1 year Can the director hold a position as officer, agent, or be an employee of an insurance company? No, but he can be a policy holder May the director hold the full power and authority to make all reasonable rules and regulations? Yes At what point is a bondsman no longer responsible for a bond? When the case is disposed Can the director make laws? 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? 20 days Who has the power to release bail bondsmen from the bond? The judge, or the sheriff if the judge isn't there 8/5/25, 1:22 PM MO Bail Bond (Tim's Class) Flashcards | Quizlet who is licensed in another state shall be subject to the same training requirements as in-state agents. True Who has permission to write the power of attorney? The Bail Bondsman The term Surety refers to: The Bail Bondsman The purpose of a bail bond is to: provide 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? The General Who is not eligible to bail: Illegal Aliens What will prohibit you from holding a bail bond or surety recovery license? Not having a diploma or GED How often is a bail bond or surety license renewed? Biannually What does a surety recovery agent have the ability to do? Request copy of the certified bond from a county clerk A bail bondsman has the authority to do what? Offer a discount in order to secure a bond The term fiduciary means: Person appointed by the court to handle the affairs...?? What is an indemnitor? The Obligor on the bond contract 8/5/25, 1:22 PM MO Bail Bond (Tim's Class) Flashcards | Quizlet different area from where the defendant was originally bonded out, who does the bail become payable to when it goes to forfeiture? The court in which the case is written for The person to whom the obligation is owed: Obligee Primarily the defendant is Obligor A document which gives a person the right to make binding decisions power of attorney Punishable by death (originally), by decapitation (life imprisonment without parole), Class A Felony: Capitol Offense Property which has been committed to guarantee a loan: Collateral To make a request to a higher court: Appeal A process granted by a court authorizing a proper officer to apprehend and bring before it someone charged with contempt, crime, or misdemeanor: Bench Warrant