NC Bail Bondsman Exam || Most Recent Exam 2026-2027
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If a bond is written on credit or partial credit what form must
be filled out? -
ANSWER -Memorandum of
Agreement
What are the 6 requirements concerning a memorandum of
agreement? -
ANSWER -Show the amount of premium
not paid
Show the method and schedule of payments
The dates and amounts to be paid
Provide a copy of the agreement to the principal upon request
Agreement to be signed and dated by the bondsman or runner
and the principal
at the time the agreement is
made
,Modifications to be in writing, signing, dated, kept on file with a
copy to principal
upon
request
What are the only two things of value a bandsman can
accept for posting a
bond? - ANSWER -Premium or
Collateral
What are the four places a bondsman is prohibited from
soliciting business? -
ANSWER -
Courts
Premises of the courts
Office of any magistrate
Any place prisoners are confined
What two places is loitering considered prima facie evidence
of soliciting? -
ANSWER -Office of any
magistrate
Any place prisoners are confined
(Any place soliciting is prohibited)
,What two things are prohibited as to a bondsman or runner's
actions regarding
law enforcement? - ANSWER -Shall not impersonate a law
enforcement officer
Shall not represent connection with an agency of the local,
state, or federal
government
What is a surety bondsman, desiring an appointment with a
new insurer, required to submit to the Commissioner? -
ANSWER -An affidavit signed under oath by the surety
bondsman and any former insurer
What must the surety bondsman's affidavit state? - ANSWER -
The surety bondsman does not owe any premium or
unsatisfied judgment to the former insurer
The surety bondman agrees to discharge all
outstanding forfeitures an
judgments on bonds previously written with
the former insurer
'Who' is the former insurer to give notice if the surety
bondsman fails to abide by
the affidavit? - ANSWER -The appointing insurer, the
surety bondsman, and the
Commissioner
, How soon must the former insurer submit notice with the
supporting documents to the appointing insurer, surety
bondsman, and Commissioner? - ANSWER Within 30 days after
the former insurer has received the affidavit from the surety
bondsman
Upon notice from the former insurer, what action is the
appointing insurer required to take? - ANSWER -Cancel the
surety bondsman's appointment
Upon notice from the former insurer, what action may the
appointing insurer and
surety bondsman take? - ANSWER -Appeal to the
Commissioner within 10
days after receiving the
notice
What is the minimum security deposit to be licensed as
a professional
bondsman? - ANSWER -
$15,000
What amount of outstanding (pending) bonds can be written on
a professional bondsman's security deposit? - ANSWER -Eight
times (8x) the amount of the security deposit
What is the single largest bond a professional bondsmen or
his runner can
Actual Complete Real Exam Questions And Correct Answers
(Verified Answers) | Already Graded A+ | Guaranteed
Success!! Newest Exam | Just Released!!
If a bond is written on credit or partial credit what form must
be filled out? -
ANSWER -Memorandum of
Agreement
What are the 6 requirements concerning a memorandum of
agreement? -
ANSWER -Show the amount of premium
not paid
Show the method and schedule of payments
The dates and amounts to be paid
Provide a copy of the agreement to the principal upon request
Agreement to be signed and dated by the bondsman or runner
and the principal
at the time the agreement is
made
,Modifications to be in writing, signing, dated, kept on file with a
copy to principal
upon
request
What are the only two things of value a bandsman can
accept for posting a
bond? - ANSWER -Premium or
Collateral
What are the four places a bondsman is prohibited from
soliciting business? -
ANSWER -
Courts
Premises of the courts
Office of any magistrate
Any place prisoners are confined
What two places is loitering considered prima facie evidence
of soliciting? -
ANSWER -Office of any
magistrate
Any place prisoners are confined
(Any place soliciting is prohibited)
,What two things are prohibited as to a bondsman or runner's
actions regarding
law enforcement? - ANSWER -Shall not impersonate a law
enforcement officer
Shall not represent connection with an agency of the local,
state, or federal
government
What is a surety bondsman, desiring an appointment with a
new insurer, required to submit to the Commissioner? -
ANSWER -An affidavit signed under oath by the surety
bondsman and any former insurer
What must the surety bondsman's affidavit state? - ANSWER -
The surety bondsman does not owe any premium or
unsatisfied judgment to the former insurer
The surety bondman agrees to discharge all
outstanding forfeitures an
judgments on bonds previously written with
the former insurer
'Who' is the former insurer to give notice if the surety
bondsman fails to abide by
the affidavit? - ANSWER -The appointing insurer, the
surety bondsman, and the
Commissioner
, How soon must the former insurer submit notice with the
supporting documents to the appointing insurer, surety
bondsman, and Commissioner? - ANSWER Within 30 days after
the former insurer has received the affidavit from the surety
bondsman
Upon notice from the former insurer, what action is the
appointing insurer required to take? - ANSWER -Cancel the
surety bondsman's appointment
Upon notice from the former insurer, what action may the
appointing insurer and
surety bondsman take? - ANSWER -Appeal to the
Commissioner within 10
days after receiving the
notice
What is the minimum security deposit to be licensed as
a professional
bondsman? - ANSWER -
$15,000
What amount of outstanding (pending) bonds can be written on
a professional bondsman's security deposit? - ANSWER -Eight
times (8x) the amount of the security deposit
What is the single largest bond a professional bondsmen or
his runner can
