WITH ANSWERS GRADED A+
◉ Documents for forfeiting a bond. Answer: Judgement Nisi, Scire
Facias, Copy of the Bench Warrant.
◉ Final Judgement returnable period. Answer: At least 90 days.
◉ Bond forfeiture condition. Answer: At the time of nonappearance (at
the missed court date).
◉ Judgement Nisi returnable period. Answer: At least 90 days.
◉ Final Judgement duration. Answer: At least 90 days.
◉ License issuance under Ms Code 83039. Answer: No license shall be
issued or renewed except in compliance with this chapter, and none shall
be issued except to an INDIVIDUAL.
◉ Professional bail agent trade names. Answer: No professional agent
shall operate under more than one(1) trade name.
,◉ Soliciting agent employment limit. Answer: One(1) and they must
operate under the same trade name as the professional agent.
◉ Definition of relative under Ms. Code 83-39. Answer: "Relative"
means a spouse, parent, grandparent, child, sister, brother, or
consanguineous aunt, uncle, niece, or nephew.
◉ Department. Answer: The Department of Insurance.
◉ Professional bail agent definition. Answer: Any individual who shall
furnish bail, acting as a licensed personal surety agent or as a licensed
limited surety agent representing an insurer.
◉ Limited surety agent definition. Answer: Any individual who is
appointed by an insurer by power of attorney to execute or countersign
bail bonds in connection with judicial proceedings, and who is duly
licensed by the commissioner.
◉ Personal surety agent definition. Answer: Any individual who, having
posted the necessary qualification bond with the commissioner, may
execute and sign bail bonds in connection with judicial proceedings.
◉ New personal surety agents requirement. Answer: All new personal
surety agents licensed after July 1, 1994, shall complete successfully a
limited examination by the department for restricted lines of business.
, ◉ Surety definition. Answer: The insurer or personal surety agent
guaranteeing the bail bond and for the purpose of process does not mean
the agent of such insurer or personal surety agent.
◉ License with Relative. Answer: Yes, but they can not write a bail bond
in the county in which the relative works.
◉ Commissioner Refusal. Answer: Yes, if the soliciting agent owes any
premium or debt to the professional bail agent with whom he is currently
licensed.
◉ Pre-Licensing Education Hours. Answer: 40 Hours
◉ Annual Education Hours. Answer: 8 Hours
◉ Qualification Bond Amount. Answer: $30,000
◉ Refund of Bond. Answer: If the defendant is found and surrendered
within 18 months of the Final Judgement.
◉ Estate Representative Action. Answer: They can contract with another
professional, soliciting, or bail enforcement agent to assist him in
closing the outstanding liability.