MO Bail Bond (Tim's Class) Exam ||Verified Exam!!||
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An agent who changes address of name must notify the
director of the change within: - Answer-30 Days
How long is the 24 hours of initial basic training good for
prior to taking test? - Answer-1 year
Can the director hold a position as officer, agent, or be an
employee of an insurance company? - Answer-No, but he
can be a policy holder
May the director hold the full power and authority to make
all reasonable rules and regulations? - Answer-Yes
At what point is a bondsman no longer responsible for a
bond? - Answer-When the case is disposed
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Can the director make laws? - Answer-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? - Answer-20 days
Who has the power to release bail bondsmen from the
bond? - Answer-The judge, or the sheriff if the judge isn't
there
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? - Answer-8 hours are required
The MO Director of Insurance is appointed by the: -
Answer-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: - Answer-The company
being examined
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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: - Answer-(Section 374.044)
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True or False: Any agent who is licensed in another state
shall be subject to the same training requirements as in-
state agents. - Answer-True
Who has permission to write the power of attorney? -
Answer-The Bail Bondsman
The term Surety refers to: - Answer-The Bail Bondsman
The purpose of a bail bond is to: - Answer-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? - Answer-The General