- Study guides, Class notes & Summaries

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 00:27 01:11 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, Assistan...

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23 pages

Written in 2022/2023

Grade A+

HIGHSCORE420

Accommodation Bondsman A person set aside from love and affection, is at least 18 years old, resident of this state, reveives no consideration for action as surety Bail Bond An undertaking by the defendant to appear in court as required upon penalty of forfeiting bail to the state in a stated amount and may include an unsecured appearance bond, cash deposit. 00:29 01:11 Bail Bondsman means a surety bondsman, professional bondsman, or an accommodation bondsman. C...

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16 pages

Written in 2022/2023

Grade A+

HIGHSCORE420

BONDSMAN/RUNNER'S TEST EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ Accommodation Bondsman Correct Answer: A person set aside from love and affection, is at least 18 years old, resident of this state, reveives no consideration for action as surety Bail Bond Correct Answer: An undertaking by the defendant to appear in court as required upon penalty of forfeiting bail to the state in a stated amount and may include an unsecured appearance bond, cash deposit. B...

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10 pages

Written in 2023/2024

Grade A+

ScholarsAscend

Before a surety bondsman can write a bond, he must: Be listed on the Electronic Bondsmen Registry Which of the following is a bail bondsman legally allowed to do? Post bonds in any county in North Carolina 00:30 01:11 A bondsman who doesn't pay premium he owes to an insurer is guilty of... misappropriation A professional bail bondsman who willfully falsifies a monthly report is guilty of a... Class I Felony In a bail bond office, an unlicensed person ca...

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47 pages

Written in 2022/2023

Grade A+

HIGHSCORE420

Bail Bond Angent A surety Agent or an agent of a property bail bondsman who is duly licensed pursuant to the provisions of sections 374.695 to 374.789, is employed by and is working under the authority of a licensed general bail bond agent. Bail Bond or Appearense Bond A bond for a specified monteary amount which is executed by the defendant and a qualified licensee pursuant to sections 374.696 to 347.789, and which is issued to a court or authorized officer as security for the subseque...

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9 pages

Written in 2022/2023

Grade A+

HIGHSCORE420

Principal Defendant of witness obligated to appear Bail bond Defendant undertaking to appear in court 00:03 01:11 bail security required for the release of the defendant Bond Legal obligation assumed by the one post bail Collateral Something of value to indemnify the bondsman in the event of forfeiture of bail Types of collateral Money security agreement real property personal property when must collateral be returned Within 72 hours of ...

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45 pages

Written in 2022/2023

Grade A+

HIGHSCORE420

1) Which statute regulates bondsman's daily business? A) 15 A Article 26 B) Chapter 58 Article 71 C) Chapter 75 D) DOI B) Chapter 58 Article 71 2) Which is not included in the definition of an accommodation? A) person who charges a fee (money) for posting a bond B) a person who must show proof that property will cover the amount of the bond C) a person who may sue the defendant for loss due to payment of the bond D) a person who is not licensed. A) person who charges a fee (mon...

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112 pages

Written in 2022/2023

Grade A+

HIGHSCORE420

3 areas of Bail Bond Law? Chapter 15A Article 26, Chapter 58 Article 71, NC Administrative Code Bail Bond Law Order of Authority? Chapter 15A Article 26, Chapter 58 Article 71, NC Administrative Code 00:21 01:11 What North Carolina Agency is in charge of regulating Bail Bondsmen and Runners? North Carolina Department of Insurance What official is the elected head of the North Carolina Department of Insurance? Commissioner of Insurance Who is the North Ca...

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74 pages

Written in 2022/2023

Grade A+

HIGHSCORE420

Before a surety bondsman can write a bond, he must: -be listed on on the Electronic Bondsman Registry A bondman who doesn't pay premium he owes to an insurer is guilty of: -misappropriation 00:11 01:11 A professional bail bondsmen who willfully falsifies a monthly report is guilty of: -Class I Felony In a bail bond office, an unlicensed person can be hired to: -perform normal office duties With the exception of the felonies cited in NCGS 58-71, the maxi...

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32 pages

Written in 2022/2023

Grade A+

HIGHSCORE420