CA BAIL AGENT LICENSING
PRACTICE TEST
1. Transact as applied to insurance includes
Answer Solicitation, Negotiations preliminary to execution, execution of a contract of insurance,
Transaction of matters subsequent to execution of the contract.
2. 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.
Answer True
3. The Commissioner shall begin providing information to the Franchise Tax
board
Answer July 1,1987
4. True or False
Answer 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 applica- tion.
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, Answer True
5. The Commissioner may deny an application for any license if
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.
6. How are fiduciary funds kept?
Answer In an account separate from a bail agents' personal assets. In a savings account. In a non-interest
bearing account .
7. A bail solicitor may
Answer only conduct business under the name of his/her employer
8. Any person who transact insurance without a valid license is guilty of a
Answer Misde- meanor punishable by a fine not exceeding $50000
9. As used in the ins. regs. bail or transactions of bail includes
Answer a bail bond release by means of depositing cash or property and in lieu of giving bail , an
undertaking of bail
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PRACTICE TEST
1. Transact as applied to insurance includes
Answer Solicitation, Negotiations preliminary to execution, execution of a contract of insurance,
Transaction of matters subsequent to execution of the contract.
2. 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.
Answer True
3. The Commissioner shall begin providing information to the Franchise Tax
board
Answer July 1,1987
4. True or False
Answer 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 applica- tion.
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, Answer True
5. The Commissioner may deny an application for any license if
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.
6. How are fiduciary funds kept?
Answer In an account separate from a bail agents' personal assets. In a savings account. In a non-interest
bearing account .
7. A bail solicitor may
Answer only conduct business under the name of his/her employer
8. Any person who transact insurance without a valid license is guilty of a
Answer Misde- meanor punishable by a fine not exceeding $50000
9. As used in the ins. regs. bail or transactions of bail includes
Answer a bail bond release by means of depositing cash or property and in lieu of giving bail , an
undertaking of bail
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