ANSWERS RATED A+ LATEST
UPDATE 2026/2027
Whomhasmfullmpowermandmauthoritymtomadministermtomprovisionsmofmthismact,mwhichmregulatesmbai
lmbondsmenmandmtomthatmendmtomadopt,mandmpromulgatemrulesmandmregulationmtomenforcemthemp
urposesmandmprovisionsmofmthismact?m-mCORRECTmANSWERSmTheminsurancemCommissioner
Whatmdoesm"promulgatemrules"mmean?m-
mCORRECTmANSWERSmThemprocessmofmenactingmadministrativemrulesmandmregulations.
Areminvestigationsmormcomplaintsmopenmtomanyonemtomreviewm?m-mCORRECTmANSWERSmNo
canmsomeonemchargemtomputmtheirmownmpropertymupmwithmthemcourtmformbondsmwithoutmbeingmam
bondsman?m-mCORRECTmANSWERSmNo
Howmmanymtimesmpermyearmcanmampersonmwhomismnotmambondsmanmputmtheirmpropertymupmasmamb
ondmwithmthemcourt?m-mCORRECTmANSWERSm10mtimesmpermyear
Canmamcompanymormcorporationmgetmambailmbondsmanmlicense?m-mCORRECTmANSWERSmYes
Whatmaremthempenalties,mifmconvictedmformviolatingmtitlem59?m-
mCORRECTmANSWERSmAnympersonmviolatingmanymofmthemprovisionsmofmthismactmrelatingmtombonds
manmshall,muponmconviction,mbemfinedmnotmmoremthatmfivemthousandmdollarsm($5,000)mformeachmo
ffense,mormimprisonedminmthemcountymjailmformnotmmoremthanmonem(1)myear,mormbymbothmsuchmfinem
andmimprisonment.
whomcannotmbemambondsmanmormreceivembenefitsmfrommthemexecutionmofmambond?m-
mCORRECTmANSWERSmampersonmpleatedmguiltymofmamfelony,mjailers,mpolicemofficers,mjudges,mdistric
tmcourtmjudge,mprisoners,msheriffs,