FLORIDA BAIL BONDS STATE EXAM 2025-2026
ACTUAL EXAM TEST BANK WITH 300 REAL EXAM
QUESTIONS AND 100% CORRECT VERIFIED
WHICH |STATEMENT |IS |MOST |CORRECT |IF |THE |AGENT |DOES |NOT |FILE |A |COLLATERAL
|STATEMENT |OR |AFFIDAVIT |AFTER |EXECUTING |THE |BOND?
a. If |agent |fails |to |file |a |collateral |statement |or |affidavit |after |30 |days, |he |has |no |collateral
b. If |agent |fails |to |file |a |collateral |statement |or |affidavit |within |45 |days, |the |court |allows |10
|additional |days
c. Filing |a |collateral |statement |or |affidavit |is |optional |and |has |no |bearing |on |the |collateral |if |not
|filed
d. The |collateral |statement |or |affidavit |must |be |filed |with |the |bond |or |the |bond |is |voidable
|at |principal's |option |- |CORRECT |ANSWER-A
1. WHICH |OF |THE |FOLLOWING |IF |ANY |MUST |BE |RETURNED |TO |THE |INDEMNITOR
|UPON |TERMINATION |OF |LIABILITY |OF |THE |BOND?
a. Promissory |note
b. Indemnity |Agreement
c. Indemnitor's |vehicle |which |was |held |by |the |bail |bond |agent
None |of |the |above |must |be |returned |to |the |indemnitor |- |CORRECT |ANSWER-C
1. FLORIDA |STATUTES |ALLOW |FOR |ANY |OTHER |TYPE |OF |SECURITY |APPROVED |BY
|THE |DEPARTMENT |FOR |COLLATERAL |WHEN |BOND |IS |OVER |$50,000. |WHICH |IS
|ALLOWED?
a. Boats, |jewellery |or |other |chattel |(personal |property) |with |sufficient |value
b. Shares |of |stock |in |a |publicly |traded |corporation
c. Patents, |trademarks |or |copyrights
d. Both |B |& |C |above |are |correct |- |CORRECT |ANSWER-D
1. FLORIDA |STATUTES |REQUIRE |THE |BOND |AGENT |TO |IMMEDIATELY |FORWARD |TO |THE
|SURETY |CASH |COLLATERAL |IN |CERTAIN |CASES |WHICH |IS |MOST |CORRECT?
a. Must |forward |in |all |cases
b. Must |forward |in |capital |cases
c. Must |forward |if |collateral |exceeds |$5,000.
,d. Must |forward |if |collateral |exceeds |$9,999. |- |CORRECT |ANSWER-C
1. WHAT |MUST |BE |DONE |WITH |THE |COLLATERAL |RECEIPT?
a. Original |to |principal, |copy |in |bondsman's |record |of |the |bond
b. Original |to |indemnitor, |copy |in |bondsman's |record |of |the |bond
c. Original |to |principal, |copy |to |indemnitor
Original |to |indemnitor, |copy |to |department |& |copy |kept |in |records |- |CORRECT |ANSWER-B
1. WHICH |IS |CORRECT |ABOUT |A |TEMPORARY |LIMITED |SURETY |AGENT |& |COLLATERAL?
a. A |temporary |bail |bond |agent |is |prohibited |from |handling |or |accepting |collateral |until |a
|properly |executed |receipt |has |been |issued |by |a |licensed |and |appointed |bail |bond |agent.
b. A |temporary |bail |bond |agent |is |allowed |to |handle |collateral |however, |he |(she) |is |prohibited
|from |handling |collateral |receipts.
c. A |temporary |bail |bond |agent |is |prohibited |from |handling |collateral, |however |he |(she) |is |allowed
|to |handle |collateral |receipts
d. A |temporary |bail |bond |agent |is |allowed |to |handle |collateral |and |collateral |receipts |-
|CORRECT |ANSWER-A
1. WHICH |IS |MOST |CORRECT |REGARDING |THE |SURETY'S |ACCOUNTS |FOR |CASH |COLLATERAL?
a. One |Bank |account |is |allowed |for |all |funds |: |Business |and |collateral, |but |collateral |cannot |be |spent
b. A |separate, |individual |account |must |be |set |up |for |each |bond |written
c. Agent |needs |an |account |for |his |business |funds |& |totally |separate |account |for |holding |collateral
d. If |a |separate |account |is |used |it |must |bear |interest |- |CORRECT |ANSWER-C
1. WHAT |IS |IT |CALLED |IF |A |BOND |AGENT |USES |COLLATERAL |FOR |HIS |OWN |GAIN?
a. Conversion
b. Concealment
c. Pecuniary |Advantage
d. Pecuniary |Fiduciary |adversarial |action |- |CORRECT |ANSWER-A
1. AFTER |THE |COURT'S |WRITTEN |DISCHARGE, |WHEN |MUST |COLLATERAL |BE |RETURNED?
a. 14 |calendar |days
,b. 21 |calendar |days
c. 15 |business |days |- |CORRECT |ANSWER-B
1. WHAT |IS |REQUIRED |BY |STATUTE |FOR |THE |SURETY |TO |DO, |WHEN |COLLATERAL |IS |RETURNED
a. |There |are |no |special |requirements
b. |They |must |provide |the |indemnitor |with |a |certified |receipt
c. |They |must |keep |a |copy |of |the |receipt |in |the |permanent |bond |record
d. |They |must |notify |the |department |of |insurance |within |21 |days |- |CORRECT |ANSWER-C
1. |WHAT |METHODS |ARE |PERMITTED |FOR |THE |SURETY |TO |DEDUCT |EXPENSE |& |COSTS |FROM
|COLLATERAL |OR |OTHERWISE |OFFSET |LOSSES, |AFTER |FORFEITURE |BY |THE |DEFENDANT?
I. May |retain |an |amount |not |to |exceed |10% |of |bond |for |expenses |in |locating |& |returning
|defendant |PLUS |not |to |exceed |an |additional |20% |of |bond |for |the |cost |of |converting |collateral
|after |forfeiture
II. Surety |May |retain |an |amount |not |to |exceed |10% |of |the |Bond |for |expense |in |locating |and
|returning |the |defendant |INCLUDING |the |cost |of |converting |the |collateral |after |forfeiture
III. The |surety |could |institute |a |civil |lawsuit |to |attempt |to |collect |any |additional |cost |or
|expenditures |incurred |in |locating |or |apprehending |defendant |or |if |indemnitor |disputed |the
|validity |of |the |costs.
a. I |only
b. I |and |III
c. II |and |III
d. All |of |the |above |- |CORRECT |ANSWER-B
WHO |REGULATES |INSURANCE |COMPANIES |AND |INSURANCE |AGENTS |IN |FLORIDA?
a) Bail |Bond |Regulatory |Department |of |Florida
b) Chief |Financial |Officer
c) Lexington |Insurance |Company
d) None |of |the |Above |- |CORRECT |ANSWER-B
WHAT |IS |THE |NAME |OF |THE |PERSON |IN |CHARGE |OF |THE |DEPARTMENT |OF |FINANCIAL
SERVICES;
a) Jebb |Bushwater
b) Jimmy |Patronis
, c) Jeff |Atwater
d) None |of |the |above |- |CORRECT |ANSWER-B
WHICH |TWO |CHAPTERS |OF |THE |FLORIDA |STATUTES |GOVERNS |BAIL |BONDSMEN |IN |THE |STATE
OF |FLORIDA?
a) Chapters |649 |and |Chapter |904
b) Chapters |648 |and |Chapter |903
c) Chapters |483 |and |Chapters |905
d) All |of |the |above |applies |- |CORRECT |ANSWER-B
IF |A |PERSON |IS |ADMITTED |TO |BAIL |ON |APPEAL |COMMITS |AND |IS |CONVICTED |OF |A |SEPARATE
| FELONY |WHILE |FREE |ON |APPEAL, |WHAT |ACTION |CAN |BE |TAKEN?
a) Defendant |gets |released |on |own |recognizance
b) Bail |on |appeal |revoked |and |the |defendant |committed |forthwith
c) Nothing |happens
d) Both |B |and |C |above |is |correct |- |CORRECT |ANSWER-B
WHICH |OF |THE |DEFECTS |BELOW |WILL |THE |LIABILITY |OF |A |SURETY |NOT |BE |DISCHARGED?
a) By |his/her |lack |of |qualifications |required |by |law
b) Failure |of |the |defendant |to |sign |the |contract
c) Both |A |and |B |above
d) None |of |the |above |- |CORRECT |ANSWER-C
WHICH |OF |THE |FOLLOWING |IS |CORRECT?
a) A |temporary |limited |surety |agent |can |work |with |any |amount |of
bondsmen |during |his |internship |period
|
b) A |temporary |agent |can |be |employed |by |only |one |licensed |and
appointed |supervising |bail |bond |agent
|
c) The |temporary |agent |may |be |appointed |by |different |insurers |separate |from
the |supervising |agent
|
d) All |of |the |above |is |correct |- |CORRECT |ANSWER-B
ACTUAL EXAM TEST BANK WITH 300 REAL EXAM
QUESTIONS AND 100% CORRECT VERIFIED
WHICH |STATEMENT |IS |MOST |CORRECT |IF |THE |AGENT |DOES |NOT |FILE |A |COLLATERAL
|STATEMENT |OR |AFFIDAVIT |AFTER |EXECUTING |THE |BOND?
a. If |agent |fails |to |file |a |collateral |statement |or |affidavit |after |30 |days, |he |has |no |collateral
b. If |agent |fails |to |file |a |collateral |statement |or |affidavit |within |45 |days, |the |court |allows |10
|additional |days
c. Filing |a |collateral |statement |or |affidavit |is |optional |and |has |no |bearing |on |the |collateral |if |not
|filed
d. The |collateral |statement |or |affidavit |must |be |filed |with |the |bond |or |the |bond |is |voidable
|at |principal's |option |- |CORRECT |ANSWER-A
1. WHICH |OF |THE |FOLLOWING |IF |ANY |MUST |BE |RETURNED |TO |THE |INDEMNITOR
|UPON |TERMINATION |OF |LIABILITY |OF |THE |BOND?
a. Promissory |note
b. Indemnity |Agreement
c. Indemnitor's |vehicle |which |was |held |by |the |bail |bond |agent
None |of |the |above |must |be |returned |to |the |indemnitor |- |CORRECT |ANSWER-C
1. FLORIDA |STATUTES |ALLOW |FOR |ANY |OTHER |TYPE |OF |SECURITY |APPROVED |BY
|THE |DEPARTMENT |FOR |COLLATERAL |WHEN |BOND |IS |OVER |$50,000. |WHICH |IS
|ALLOWED?
a. Boats, |jewellery |or |other |chattel |(personal |property) |with |sufficient |value
b. Shares |of |stock |in |a |publicly |traded |corporation
c. Patents, |trademarks |or |copyrights
d. Both |B |& |C |above |are |correct |- |CORRECT |ANSWER-D
1. FLORIDA |STATUTES |REQUIRE |THE |BOND |AGENT |TO |IMMEDIATELY |FORWARD |TO |THE
|SURETY |CASH |COLLATERAL |IN |CERTAIN |CASES |WHICH |IS |MOST |CORRECT?
a. Must |forward |in |all |cases
b. Must |forward |in |capital |cases
c. Must |forward |if |collateral |exceeds |$5,000.
,d. Must |forward |if |collateral |exceeds |$9,999. |- |CORRECT |ANSWER-C
1. WHAT |MUST |BE |DONE |WITH |THE |COLLATERAL |RECEIPT?
a. Original |to |principal, |copy |in |bondsman's |record |of |the |bond
b. Original |to |indemnitor, |copy |in |bondsman's |record |of |the |bond
c. Original |to |principal, |copy |to |indemnitor
Original |to |indemnitor, |copy |to |department |& |copy |kept |in |records |- |CORRECT |ANSWER-B
1. WHICH |IS |CORRECT |ABOUT |A |TEMPORARY |LIMITED |SURETY |AGENT |& |COLLATERAL?
a. A |temporary |bail |bond |agent |is |prohibited |from |handling |or |accepting |collateral |until |a
|properly |executed |receipt |has |been |issued |by |a |licensed |and |appointed |bail |bond |agent.
b. A |temporary |bail |bond |agent |is |allowed |to |handle |collateral |however, |he |(she) |is |prohibited
|from |handling |collateral |receipts.
c. A |temporary |bail |bond |agent |is |prohibited |from |handling |collateral, |however |he |(she) |is |allowed
|to |handle |collateral |receipts
d. A |temporary |bail |bond |agent |is |allowed |to |handle |collateral |and |collateral |receipts |-
|CORRECT |ANSWER-A
1. WHICH |IS |MOST |CORRECT |REGARDING |THE |SURETY'S |ACCOUNTS |FOR |CASH |COLLATERAL?
a. One |Bank |account |is |allowed |for |all |funds |: |Business |and |collateral, |but |collateral |cannot |be |spent
b. A |separate, |individual |account |must |be |set |up |for |each |bond |written
c. Agent |needs |an |account |for |his |business |funds |& |totally |separate |account |for |holding |collateral
d. If |a |separate |account |is |used |it |must |bear |interest |- |CORRECT |ANSWER-C
1. WHAT |IS |IT |CALLED |IF |A |BOND |AGENT |USES |COLLATERAL |FOR |HIS |OWN |GAIN?
a. Conversion
b. Concealment
c. Pecuniary |Advantage
d. Pecuniary |Fiduciary |adversarial |action |- |CORRECT |ANSWER-A
1. AFTER |THE |COURT'S |WRITTEN |DISCHARGE, |WHEN |MUST |COLLATERAL |BE |RETURNED?
a. 14 |calendar |days
,b. 21 |calendar |days
c. 15 |business |days |- |CORRECT |ANSWER-B
1. WHAT |IS |REQUIRED |BY |STATUTE |FOR |THE |SURETY |TO |DO, |WHEN |COLLATERAL |IS |RETURNED
a. |There |are |no |special |requirements
b. |They |must |provide |the |indemnitor |with |a |certified |receipt
c. |They |must |keep |a |copy |of |the |receipt |in |the |permanent |bond |record
d. |They |must |notify |the |department |of |insurance |within |21 |days |- |CORRECT |ANSWER-C
1. |WHAT |METHODS |ARE |PERMITTED |FOR |THE |SURETY |TO |DEDUCT |EXPENSE |& |COSTS |FROM
|COLLATERAL |OR |OTHERWISE |OFFSET |LOSSES, |AFTER |FORFEITURE |BY |THE |DEFENDANT?
I. May |retain |an |amount |not |to |exceed |10% |of |bond |for |expenses |in |locating |& |returning
|defendant |PLUS |not |to |exceed |an |additional |20% |of |bond |for |the |cost |of |converting |collateral
|after |forfeiture
II. Surety |May |retain |an |amount |not |to |exceed |10% |of |the |Bond |for |expense |in |locating |and
|returning |the |defendant |INCLUDING |the |cost |of |converting |the |collateral |after |forfeiture
III. The |surety |could |institute |a |civil |lawsuit |to |attempt |to |collect |any |additional |cost |or
|expenditures |incurred |in |locating |or |apprehending |defendant |or |if |indemnitor |disputed |the
|validity |of |the |costs.
a. I |only
b. I |and |III
c. II |and |III
d. All |of |the |above |- |CORRECT |ANSWER-B
WHO |REGULATES |INSURANCE |COMPANIES |AND |INSURANCE |AGENTS |IN |FLORIDA?
a) Bail |Bond |Regulatory |Department |of |Florida
b) Chief |Financial |Officer
c) Lexington |Insurance |Company
d) None |of |the |Above |- |CORRECT |ANSWER-B
WHAT |IS |THE |NAME |OF |THE |PERSON |IN |CHARGE |OF |THE |DEPARTMENT |OF |FINANCIAL
SERVICES;
a) Jebb |Bushwater
b) Jimmy |Patronis
, c) Jeff |Atwater
d) None |of |the |above |- |CORRECT |ANSWER-B
WHICH |TWO |CHAPTERS |OF |THE |FLORIDA |STATUTES |GOVERNS |BAIL |BONDSMEN |IN |THE |STATE
OF |FLORIDA?
a) Chapters |649 |and |Chapter |904
b) Chapters |648 |and |Chapter |903
c) Chapters |483 |and |Chapters |905
d) All |of |the |above |applies |- |CORRECT |ANSWER-B
IF |A |PERSON |IS |ADMITTED |TO |BAIL |ON |APPEAL |COMMITS |AND |IS |CONVICTED |OF |A |SEPARATE
| FELONY |WHILE |FREE |ON |APPEAL, |WHAT |ACTION |CAN |BE |TAKEN?
a) Defendant |gets |released |on |own |recognizance
b) Bail |on |appeal |revoked |and |the |defendant |committed |forthwith
c) Nothing |happens
d) Both |B |and |C |above |is |correct |- |CORRECT |ANSWER-B
WHICH |OF |THE |DEFECTS |BELOW |WILL |THE |LIABILITY |OF |A |SURETY |NOT |BE |DISCHARGED?
a) By |his/her |lack |of |qualifications |required |by |law
b) Failure |of |the |defendant |to |sign |the |contract
c) Both |A |and |B |above
d) None |of |the |above |- |CORRECT |ANSWER-C
WHICH |OF |THE |FOLLOWING |IS |CORRECT?
a) A |temporary |limited |surety |agent |can |work |with |any |amount |of
bondsmen |during |his |internship |period
|
b) A |temporary |agent |can |be |employed |by |only |one |licensed |and
appointed |supervising |bail |bond |agent
|
c) The |temporary |agent |may |be |appointed |by |different |insurers |separate |from
the |supervising |agent
|
d) All |of |the |above |is |correct |- |CORRECT |ANSWER-B
