Bail bonds test|ALREADY GRADED A+|100% PASS

Presenting any information to the public that is false or untrue, deceptive or misleading is: A - Unfair Trade Practice B - Misrepresentation and false advertising To meet requirements, those who apply for a Surety bail License must: Must submit to a written examination. 00:31 01:11 An Insurance license is considered inactive when the fees are paid but: License is null and void Which statement is true of Build-Up Funds? The fund shall not exceed forty percent of the premium. A Surety Bail Bond Agent cannot deliver and execute a bond for how many days after the license is initially issued? 180 days An Insurance license is considered inactive when the fees are paid but: License is null and void A non-admitted insurer is a/an A - Domestic Insurer B - Alien Insurer C - Foreign Insurer The Director of the Department of Insurance has the following duties except Setting insurance rates A Surety Bail Bond Agent has how many days to report to the Department of Insurance any convictions or crimes other than minor traffic offenses? 30 days How much continuing education must a Surety Bail Agent complete? 7 hours every year Engaging in any fraudulent or dishonest or coercive practice in connection with the business of Insurance is a crime in the State of Ohio, if this crime crosses state lines, where will the parties be prosecuted? Federal court If the Director of Insurance finds an agent guilty of Unfair Trade Practices, he may A - Order the insurer, agent, or agency to pay expenses incurred by the Director for the investigation. B - Order the person or company to cease and desist C - Suspend or revoke their license 00:02 01:11 What are the requirements for a person to apply for a Surety Bail license? Be a person of high character and integrity. Who is responsible to show proof that the continuing education has been completed? The Individual Licensee To transact surety business in the State of Ohio, the Ohio Department of Insurance must issue Certificate of authority Which persons are prohibited from executing bail bonds? A - Employees of detention centers. B - Court employees. Surety Bail Bond Agents shall maintain all record of Surety Bonds executed or countersigned by the agent for: Three years If a Surety Bail Bond Agent countersigns a Surety Bail Bond and sent an office secretary to go to the court house or jail to post a bond, this is: Not allowed