Fl Bail Bonds Test Prep Contains Questions with
Correct Answers (100% Correct Answers) Florida Bail
Bonds Agent License Exam 2025/ Fl Bail Bonds Test
Which two Florida Statutes govern the bail bond industry? - (answer)Chapter 648
and 903
Which Governmental agency or department governs the bail bond industry in the
state of Florida? - (answer)Florida Department of Financial Services
The Records of all Bail Bond written in this state must be made available within
how many hours after being requested by the state? - (answer)48 hours
What types of action can the department take against an agents bail bond
license? ( 4 types) - (answer)Fine-Probation-suspension-Revoke
What is a daily bond register? - (answer)The power registry-Daily log of powers
used-Itemized list to count
What must be held in an individual file or envelope for each principal for whom a
bail bond has been executed? - (answer)Power- Appearance Bond-premium
receipt-Collateral receipt-promissory note-indemnity agreement-disclosure
notice-Application/Contract-Discharge
What is considered to be reasonable business hours - (answer)8 hours a day 5
days a week (Between the hours of 8am and 6pm)
, Explain what is acceptable as it pertains to the branch office of a bail agency's
entrance and sign? - (answer)Business name and address you have filed with the
department.
How and whom must an agent notify if there has been a change in address,
telephone number or name and what is the time frame allowed? - (answer)The
Department-The Sheriff-The surety within 10 days.
What is a build up fund? Aka BUF - (answer)A joint account between the surety
company and agency to protect the Surety Company
How is a build up fund account opened or titled? - (answer)Opened jointly in the
name of the agent or agency and the insurer or in trust for the agent or agency by
the insurer.
Interest accrued on a build up fund account is credited to whom? - (answer)The
Bail Bond agent
Build up funds are due payable to the agent how long after final discharge? -
(answer)6 months
What are the responsibilities of the primary bail bond agent? -
(answer)Responsibility of the overall operation, Management, Hiring and
supervising of all individuals within the location.
Correct Answers (100% Correct Answers) Florida Bail
Bonds Agent License Exam 2025/ Fl Bail Bonds Test
Which two Florida Statutes govern the bail bond industry? - (answer)Chapter 648
and 903
Which Governmental agency or department governs the bail bond industry in the
state of Florida? - (answer)Florida Department of Financial Services
The Records of all Bail Bond written in this state must be made available within
how many hours after being requested by the state? - (answer)48 hours
What types of action can the department take against an agents bail bond
license? ( 4 types) - (answer)Fine-Probation-suspension-Revoke
What is a daily bond register? - (answer)The power registry-Daily log of powers
used-Itemized list to count
What must be held in an individual file or envelope for each principal for whom a
bail bond has been executed? - (answer)Power- Appearance Bond-premium
receipt-Collateral receipt-promissory note-indemnity agreement-disclosure
notice-Application/Contract-Discharge
What is considered to be reasonable business hours - (answer)8 hours a day 5
days a week (Between the hours of 8am and 6pm)
, Explain what is acceptable as it pertains to the branch office of a bail agency's
entrance and sign? - (answer)Business name and address you have filed with the
department.
How and whom must an agent notify if there has been a change in address,
telephone number or name and what is the time frame allowed? - (answer)The
Department-The Sheriff-The surety within 10 days.
What is a build up fund? Aka BUF - (answer)A joint account between the surety
company and agency to protect the Surety Company
How is a build up fund account opened or titled? - (answer)Opened jointly in the
name of the agent or agency and the insurer or in trust for the agent or agency by
the insurer.
Interest accrued on a build up fund account is credited to whom? - (answer)The
Bail Bond agent
Build up funds are due payable to the agent how long after final discharge? -
(answer)6 months
What are the responsibilities of the primary bail bond agent? -
(answer)Responsibility of the overall operation, Management, Hiring and
supervising of all individuals within the location.
