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NC Bail Bonds Questions with Detailed Verified Answers for Accuracy

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NC Bail Bonds Questions with Detailed Verified Answers for AccuracyNC Bail Bonds Questions with Detailed Verified Answers for Accuracy

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NC Bail Bonds Questions with Detailed
Verified Answers for Accuracy
What are the 3 areas of bail bond law?

✓✓ Chapter 15A, Article 26
Chapter 58, Article 71
NC Administrative Code


What NC agency is in charge of regulating bail bondsmen and
runners?

✓✓ NC Department of Insurance


Who is the NC Commissioner of Insurance?

✓✓ Wayne Goodwin


What persons are prohibited from becoming licensed as bail
bondsmen or runners?

✓✓ Sheriff, Deputy Sheriff, Law enforcement officer, Attorney,
Parole Officer, Probation Officer, Jailer, Assistant Jailer,
Employee of the General Courts of Justice, other public employee
assigned to the administration of criminal justice.
*NOR THE SPOUSE OF SUCH PERSON


What is the purpose of a bail bond?

✓✓ To assure the appearance of the defendant in court


What are the consequences of a bail bond?

✓✓ 1) Forfeiture of bail
2) Order for arrest


pg. 1

,What is the definition of a bail bond?

✓✓ An undertaking by the principal to appear in court upon
penalty of forfeiting bail


What are the types of bail bond?

✓✓ 1) Unsecured
2) Premium Secured
3) Cash Deposit
4) Mortgage


What can a bail bond be used for other than the release of a person
from jail?

✓✓ Release of a motor vehicle from impoundment


What are the different types of bail bondsman?

✓✓ 1) Accommodation bondsman
2) Surety bondsman
3) Professional bondsman


What is the definition of Commissioner?

✓✓ The NC Commissioner of Insurance


What is the definition of an obligor?

✓✓ A principal or surety on a bond


What is the definition of a surety?

✓✓ One who with the principal is liable for the amount of the
bail bond upon forfeiture


What are the 3 types of sureties?

pg. 2

, ✓✓ 1) Professional Bondsman
2) Accommodation Bondsman
3) Insurer (Insurance Company)


When a person is arrested, what form shows the charge, time, and
location to appear in court?

✓✓ Conditions of release


What form is the conditions of release transferred to for the release of
a defendant?

✓✓ The Appearance bond


What does the bond affidavit provide information on?

✓✓ Premium and Collateral


What is the maximum bail bond premium that can be charged?

✓✓ 15%


What are the only 2 things of value a bondsman can accept for
posting a bond?

✓✓ Premium or Collateral


What is collateral?

✓✓ Something of value to indemnify or protect the bondsman in
the event of forfeiture


What are the different types of collateral?




pg. 3

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