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3 areas of Bail Bond Law?
Chapter 15A Article 26, Chapter 58 Article 71, NC Administrative Code
Bail Bond Law Order of Authority?
Chapter 15A Article 26, Chapter 58 Article 71, NC Administrative Code
What North Carolina Agency is in charge of regulating Bail Bondsmen and
Runners?
North Carolina Department of Insurance
What official is the elected head of the North Carolina Department of Insurance?
Commissioner of Insurance
Who is the North Carolina Commissioner of Insurance?
Mike Causey
What persons are prohibited from becoming licensed as Bail Bondsmen?
Sheriff, Sheriff Deputy, Law Enforcement Officer, Attorney, Parole Office, Probation
Officer, Jailer, Assistant Jailer, Employee of the General Courts of Justice, Other public
employee assigned to the adminstration of criminal justice, Nor the spouse of such
person
What are the two restrictions for persons prohibited from becoming Bail
Bondsmen or Runners?
Shall not act as an agent for any Bail Bond company or Bail Bondsmen
Shall not have any financial interest, directly or indirectly, in any bail bond business
What are the general qualifications for Bail Bondsmen and Runners?
Be 21 Years of Age or Older
High School Diploma or GED
Be a Resident of this State (NC)
Have knowledge, training, or experience of sufficient duration and extent to provide the
competence necessary to fulfill the responsibilities of a licensee
Have no outstanding bail bond obligations
Have no current or prior violations of any provision of Chapter 58 Article 71 or Chapter
15A Article 26 or any similar provision of law of any State
Not in any manner disqualified under the laws of this State or any other State to engage
in the bail bond business
Hold valid and current NC Drivers License or NC Identification Card issued by the
NCDMV
,What 'Proof of Residency' documentation is required showing residential
address?
Pay Stub
Utility Bill
Written Lease Agreement / Contract for Purchase
Receipt for Property Taxes
Receipt for Real Property Taxes
Monthly or Quarterly Statement from a Financial Institution
How many documents must an applicant provide to show proof of residency?
At least Two
What are two offenses for which the Commissioner shall deny an application or
revoke a license?
Conviction of a felony
Conviction of a misdemeanor drug offense
If your application is denied or you fail the exam, how long must you wait before
reapplying or re-testing?
One year
Bail Bond is divided into two parts. What does 'bail' and 'bond' mean?
Bail is the security (monetary amount) required for release
Bond is the obligation assumed by the one who posts bail
What is the purpose of a bail bond?
To assure the appearance of the defendant in court
What are the consequences of a bail bond?
Forfeiture of bail
Order for arrest (OFA)
What is the definition of an accommodation bondsman?
A Person Who:
Shall not charge a fee (money) for posting a bond
Shall not receive any consideration (money or anything of value) to keep for personal
use as a condition of posting a bond
Must show proof that property will cover the amount of the bond
May require collateral
Is not licensed
, In what ways can an accommodation bondsman post bonds?
Cash or Property
What is the definition of a bail bond?
An undertaking by the principal to appear in court upon penalty of forfeiting bail
What are the types of bail bond listed under the bail bond definition?
Unsecured
Premium Secured
Cash Deposit
Mortgage
What can a bail bond be used for other than the release of a person from jail?
Release of a motor vehicle from impoundment
What is the definition of a bail bondsman?
Surety Bondsman
Professional Bondsman
Accommodation Bondsman
What is the definition of Commissioner?
The North Carolina Commissioner of Insurance
What is the definition of a first year licensee?
Any person licensed as a bondsman or runner for a period of less than 12 months
What is the definition of insurer?
Any domestic, foreign, or alien surety company qualified generally to transact surety
business and specifically to transact bail bond business in this State
What is the definition of an obligor?
A principal or surety on a bond
What is the definition of a principal?
A defendant or witness obligated to appear in court upon penalty of forfeiting bail under
a bail bond
What is the definition of a professional bondsman?
Any person licensed by the Commissioner and who pledges cash or other securities
with the Commissioner as security for bail bonds and receives or is promised money or
other things of value for writing bail bonds
What is the definition of a resident?
A person who lives in this State for 6 consecutive months before applying for a bail
bond license
What is the definition of a runner?
A person employed by a professional bail bondsman for the purpose of:
Assisting the bail bondsman in presenting the defendant in court when required
or