(Latest 2026/ 2027 Update) 100% Verified
Questions & Answers {Grade A}
How should bail license numbers be listed in advertisements? - correct answer
License number in type the same size as any indicated number, address, The word
insurance in type that is at least as large as the smallest telephone number or 12point
type.
If the commissioner send you an inquiry what should you do? - correct answer the
licensee shall promptly reply in writing no later than 21 daysafter the date the inquiry
was mailed,failure to reply may result in an suspension or revocation of license
Transact as applied to insurance includes - correct answer Solicitation, Negotiations
preliminary to execution, execution of a contract of insurance, Transaction of matters
subsequent to execution of the contract.
True of False? Any person who transacts insurance without a valid license is gulity of
a misdemeanor punishable by a fine not exceeding fifty thousand dollars. - correct
answer True
The Commissioner shall begin providing information to the Franchise Tax board -
correct answer July 1,1987
, CA Bail Agent Licensing Practice Test
(Latest 2026/ 2027 Update) 100% Verified
Questions & Answers {Grade A}
True or False: Except as provided in Section 1669,a license shall not be denied without
an opportunity to the applicant to be heard in support of his application. - correct
answer True
The Commissioner may deny an application for any license if: - correct answer An
applicant is not properly qualified to perform the duties of a person holding the
license applied for. The granting of the license will be against public interest. The
applicant is not of good business reputation. The applicant is lacking in integrity.
How are fiduciary funds kept? - correct answer In an account separate from a bail
agents' personal assets. In a savings account. In a non-interest bearing account .
A bail solicitor may - correct answer only conduct business under the name of his/her
employer
Any person who transact insurance without a valid license is guilty of a - correct
answer Misdemeanor punishable by a fine not exceeding $50000
As used in the ins. regs. bail or transactions of bail includes - correct answer a bail
bond release by means of depositing cash or property and in lieu of giving bail , an
undertaking of bail