New York PI Exam Practice Questions –
Test & Study Guide
Who regulates PI's in NY?
The Department of State, Division of Licensing
What type of crime is operating as a PI without a license?
Class B Misdemeanor
A corporation's PI license can be revoked if ___% or more of the corporate stock is held by a person
who cannot meet the character standard set for an individual PI license.
10
Who has the power to enforce the provisions of the PI licensing law?
The Secretary of State
Is a licensee obliged to supply their books or records to the State upon State Request?
Yes
What is the term of a PI license?
2 years
What is the cost of an Individual PI license?
$400
What is the cost of a Corporate PI license?
$500
Is a PI required to be bonded?
yes
,Is a PI required to be insured?
No
What is the surety bond required of a PI?
$10,000
If a NY PI license is to be issued to a non-resident, what must the applicant file a written consent to?
Consent to the jurisdiction of the courts of NY in any case or cases arising from PI services within NY
state
No PI license shall be issued to a person under the age of ___.
25
What is the fee to take the exam that you need to pass to qualify for a PI application?
$15
Can a NY PI license be issued to a person convicted of a felony?
No
Are there any misdemeanor convictions that will not allow a person to be issued a NY PI license?
Yes
Are a list of the applicant names and business addresses of all pending PI applications posted for
public view?
Yes
Are a list of PI licenses that had been either issued or revoked the prior week posted for public view?
Yes
Can a NY PI licensee simultaneously hold an employment agency license?
No
To change the name on a PI license, the cost is ___
$150
To change the address on a PI license, the cost is ___
$10
How must the issued PI license certificate be displayed?
Posted up and at all times displayed in a conspicuous place for which it was issued, so that all persons
visiting such place may readily see it.
, Every license certificate shall be surrendered to the Department of Stat within ____ hours after its
terms shall have expired or after notice in writing to the holder that such license has been revoked.
72
Failure to surrender the license certificate within the required hours is what type of crime?
Misdemeanor
What is the cost for the replacement of an unexpired PI license certificate or an unexpired pocket
card?
$10
What are the restrictions on the replacement of an unexpired PI license certificate or an unexpired
pocket card?
If lost or destroyed without fault on the part of the holder.
When should a NY PI file a PI license renewal application?
6 weeks before the expiration date of the PI license
What is the cost to renew an Individual PI license?
$400
What is the cost to renew a Corporation PI license?
$500
If late to renew a PI license, what is the late filing fee amount?
$100
In no event will PI license renewal be granted more than ___ months after the date of expiration of a
PI license.
6
What, besides the PI license renewal fee, must accompany the PI license renewal fee?
A new surety bond
May a licensee resign as a licensee without the written approval of the Secretary of State?
No
For a violation of any provision of the PI licensing law, the state may revoke or suspend the license, or
can impose a fine not exceeding ________.
$1000
Can your PI license be revoked or suspended or fined if you demonstrate incompetence or
untrustworthiness in your actions?
Test & Study Guide
Who regulates PI's in NY?
The Department of State, Division of Licensing
What type of crime is operating as a PI without a license?
Class B Misdemeanor
A corporation's PI license can be revoked if ___% or more of the corporate stock is held by a person
who cannot meet the character standard set for an individual PI license.
10
Who has the power to enforce the provisions of the PI licensing law?
The Secretary of State
Is a licensee obliged to supply their books or records to the State upon State Request?
Yes
What is the term of a PI license?
2 years
What is the cost of an Individual PI license?
$400
What is the cost of a Corporate PI license?
$500
Is a PI required to be bonded?
yes
,Is a PI required to be insured?
No
What is the surety bond required of a PI?
$10,000
If a NY PI license is to be issued to a non-resident, what must the applicant file a written consent to?
Consent to the jurisdiction of the courts of NY in any case or cases arising from PI services within NY
state
No PI license shall be issued to a person under the age of ___.
25
What is the fee to take the exam that you need to pass to qualify for a PI application?
$15
Can a NY PI license be issued to a person convicted of a felony?
No
Are there any misdemeanor convictions that will not allow a person to be issued a NY PI license?
Yes
Are a list of the applicant names and business addresses of all pending PI applications posted for
public view?
Yes
Are a list of PI licenses that had been either issued or revoked the prior week posted for public view?
Yes
Can a NY PI licensee simultaneously hold an employment agency license?
No
To change the name on a PI license, the cost is ___
$150
To change the address on a PI license, the cost is ___
$10
How must the issued PI license certificate be displayed?
Posted up and at all times displayed in a conspicuous place for which it was issued, so that all persons
visiting such place may readily see it.
, Every license certificate shall be surrendered to the Department of Stat within ____ hours after its
terms shall have expired or after notice in writing to the holder that such license has been revoked.
72
Failure to surrender the license certificate within the required hours is what type of crime?
Misdemeanor
What is the cost for the replacement of an unexpired PI license certificate or an unexpired pocket
card?
$10
What are the restrictions on the replacement of an unexpired PI license certificate or an unexpired
pocket card?
If lost or destroyed without fault on the part of the holder.
When should a NY PI file a PI license renewal application?
6 weeks before the expiration date of the PI license
What is the cost to renew an Individual PI license?
$400
What is the cost to renew a Corporation PI license?
$500
If late to renew a PI license, what is the late filing fee amount?
$100
In no event will PI license renewal be granted more than ___ months after the date of expiration of a
PI license.
6
What, besides the PI license renewal fee, must accompany the PI license renewal fee?
A new surety bond
May a licensee resign as a licensee without the written approval of the Secretary of State?
No
For a violation of any provision of the PI licensing law, the state may revoke or suspend the license, or
can impose a fine not exceeding ________.
$1000
Can your PI license be revoked or suspended or fined if you demonstrate incompetence or
untrustworthiness in your actions?
