Docsity
Docsity

Prepare for your exams
Prepare for your exams

Study with the several resources on Docsity


Earn points to download
Earn points to download

Earn points by helping other students or get them with a premium plan


Guidelines and tips
Guidelines and tips

MO Bail Bond (Tim's Class) questions and 100% correct answers, Exams of Advanced Education

MO Bail Bond (Tim's Class) questions and 100% correct answers

Typology: Exams

2024/2025

Available from 07/02/2025

solution-master
solution-master 🇺🇸

3.2

(27)

9.9K documents

1 / 5

Toggle sidebar

This page cannot be seen from the preview

Don't miss anything!

bg1
MO Bail Bond (Tim's Class) questions and 100% correct answers
According to MO law, a bail bond agent, general bail bond agent, or a surety recovery agent
must complete which of the following hours of CECs every 2 years before renewing their
license? - 8 hours are required
The MO Director of Insurance is appointed by the: - Governor
If the Director of Insurance decides to examine the affairs and good faith of an agent in MO,
the cost of the examination will be borne by: - The company being examined
If the director believes that a person in engaging in, or has taken substantial steps toward
engaging in an act, practice, omission of course of business, violating constitution of the laws
of the state to bail bond in this state the director can take the case to court and, if is found
showing guilty, the court may: - (Section 374.044) Look up
An agent who changes address of name must notify the director of the change within: - 30
Days
How long is the 24 hours of initial basic training good for prior to taking test? - 1 year
Can the director hold a position as officer, agent, or be an employee of an insurance
company? - No, but he can be a policy holder
May the director hold the full power and authority to make all reasonable rules and
regulations? - Yes
At what point is a bondsman no longer responsible for a bond? - When the case is disposed
Can the director make laws? - No. The director abides by the law.
pf3
pf4
pf5

Partial preview of the text

Download MO Bail Bond (Tim's Class) questions and 100% correct answers and more Exams Advanced Education in PDF only on Docsity!

MO Bail Bond (Tim's Class) questions and 100% correct answers According to MO law, a bail bond agent, general bail bond agent, or a surety recovery agent must complete which of the following hours of CECs every 2 years before renewing their license? - 8 hours are required The MO Director of Insurance is appointed by the: - Governor If the Director of Insurance decides to examine the affairs and good faith of an agent in MO, the cost of the examination will be borne by: - The company being examined If the director believes that a person in engaging in, or has taken substantial steps toward engaging in an act, practice, omission of course of business, violating constitution of the laws of the state to bail bond in this state the director can take the case to court and, if is found showing guilty, the court may: - (Section 374.044) Look up An agent who changes address of name must notify the director of the change within: - 30 Days How long is the 24 hours of initial basic training good for prior to taking test? - 1 year Can the director hold a position as officer, agent, or be an employee of an insurance company? - No, but he can be a policy holder May the director hold the full power and authority to make all reasonable rules and regulations? - Yes At what point is a bondsman no longer responsible for a bond? - When the case is disposed Can the director make laws? - No. The director abides by the law.

Within how many days after receiving a commission, before entering upon the duties of the office, shall the director take the oath of office? - 20 days Who has the power to release bail bondsmen from the bond? - The judge, or the sheriff if the judge isn't there True or False: Any agent who is licensed in another state shall be subject to the same training requirements as in-state agents. - True Who has permission to write the power of attorney? - The Bail Bondsman The term Surety refers to: - The Bail Bondsman The purpose of a bail bond is to: - provide some kind of guarantee that the suspect will appear to answer for charges at a later date Who is responsible for paying the bail bond amount when it goes to forfeiture? - The General Who is not eligible to bail: - Illegal Aliens What will prohibit you from holding a bail bond or surety recovery license? - Not having a diploma or GED How often is a bail bond or surety license renewed? - Biannually What does a surety recovery agent have the ability to do? - Request copy of the certified bond from a county clerk A bail bondsman has the authority to do what? - Offer a discount in order to secure a bond

When an individual has been found guilty on the charges on which they were found accused, the _____________ bond once again secures the individual's freedom until such time as they reappear in a court and the appeal is heard or denied. - "appeal" bond A surety agent or an agent of property, bail bonds man who is licensed and working under the authority of a general bondsman. - Bail bond Agent A crime punishable by penalty of UP TO A YEAR in jail and up to a $1000 fine: - Misdemeanor A crime punishable by penalties by death or incarceration in a prison for at least one year: - Felony The body of judicial precedent historically built on legal reasoning and past interpretations of statutory laws that serves as a guide to decision making, especially in court: - Case Law If someone already has a bail bond license in another line, are they still required to obtain a license in Missouri? - Yes How old do you have to be to be a surety recovery agent? - 21 Who else has to approve the appointment of the Director of Insurance? - The Senate How long does the appointment of Director of Insurance run? - Concurrently with the Governor Who can remove the Director of Insurance from office? - The Governor If a vacancy occurs for Director of Insurance, what is the process for a new appointment? - The Governor with confirmation from the Senate Can the DOI also hold any interest in insurance or assurance companies? - No

Is it necessary for the DOI to get other approval to make all rules for the insurance department? - No Does the DOI need approval to withdraw or ammend rules? - No If a new rule is to be adopted, how many days notice is needed prior to a hearing? - At least 13 Who will be notified of the hearing for any new rules, ammendments, or withdrawls? - Persons who have made timely requests to the Department of Insurance What information is given to people notified of hearings? - Terms of proposed regulation Time and Place of Hearing A place to present your views