QUESTIONS WITH CORRECT DETAILED
ANSWERS || GUARANTEED PASS
1. Purpose of bail - ANSWER ✅ To guarantee appearance and a bail bond
shall not be forfeited for any other reason.
2. Commissioner's Petition Reasons - ANSWER ✅ Misappropriation,
conversion, fraudulent or dishonest practices in the conduct of the bonding
business.
3. License Revocation Notification - ANSWER ✅ The sheriff and municipal
law enforcement, and the courts of every county and municipality in the
state.
4. AKA - ANSWER ✅ 'Also Known As'
5. Bail Agent - ANSWER ✅ Person who executes a bail bond on behalf of
another.
6. Soliciting Bail Agent - ANSWER ✅ Works under the supervision of a
professional bail agent. The soliciting bail agent may solicit, advertise or
otherwise seek business and write and post bail on behalf of the professional
bail agent. The soliciting bail agent must be given a Power of Attorney to
sign for the professional bail agent. A copy of the Power of Attorney must
be attached to each bond by the soliciting bail agent.
,7. Code - ANSWER ✅ Official compilation of all pertinent laws in force.
8. Commissioner - ANSWER ✅ A government official or representative in
charge of a department or district, when used in this material denotes the
Commissioner of Insurance.
9. Bail Agent Charge - ANSWER ✅ 10% of the amount of the bail or $100,
whichever is greater. 15% on out of state or capital offenses.
10.Processing Fee - ANSWER ✅ $50 per bond
11.Collateral Holding - ANSWER ✅ Yes
12.Collateral Usage - ANSWER ✅ Collateral is for the purpose of insuring the
payment of the premium of the bond or indemnifying the professional agent
for losses incurred due to forfeiture.
13.Prohibited Activities in Bail Bonding - ANSWER ✅ Give or accept
anything of value to/from a Judge, LEO, Jailer, inmate, attorney, clerk, or
any other official. Accept anything of value except the premium or collateral
from a person on Bond. Give legal advice. Refuse to return collateral.
14.Department of Insurance - ANSWER ✅ Division of the State government
that regulates the insurance industry.
15.Limited Surety Agent - ANSWER ✅ Any individual who is appointed by an
insurer by power of attorney to execute or countersign bail bonds in
, connection with judicial proceedings, and who is duly licensed by the
commissioner to represent such insurer for the restricted lines of bail,
fidelity, and surety, after successfully completing a limited examination by
the department for the restricted lines of business.
16.Moral Turpitude - ANSWER ✅ Describes conduct that is considered
contrary to community standards of justice, honest, or good morals. Crime
involving moral turpitude have an inherent quality of baseness, vileness, or
depravity with respect to a person's duty to another or to society in general.
17.Power of Attorney - ANSWER ✅ A legal document giving permission to
someone to act for another person in specified for all legal or financial
matters.
18.Penalty for impersonating a bail agent - ANSWER ✅ Not more than $1,000
and/or up to 1 year in jail.
19.Penalty for any prohibited activity in Ms. Code 83-39 - ANSWER ✅ Up to
$1,000 and/or 1 year in jail.
20.Penalty for aiding and abetting a bond jumper - ANSWER ✅ Not more than
$1,000 and/or 1 year in jail.
21.Local bonds made payable to - ANSWER ✅ The State of Mississippi.
22.State bond duration - ANSWER ✅ Three (3) years or until fully discharged
by the court.