Oklahoma Bonding Association Practice Exam

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• As of November 1, 2006, what net worth is required for a professional bondsman?
• After surrender, where is the paperwork filed to exonerate the bond undertaking?
• Can a bondsman claim collateral not listed on the undertaking bond?
• Where should files and records be kept?
• Which statement is true about the relationship between the bondsman and the insurer?
• Can a bondsman hold a license from the ABLE Commission?
• The policy allows contacting a bondsman after how many hours into detention?
• How long does a bondsman have to renew an expired license?
• What can a person do in the business after the bail bondsman license is suspended, revoked, surrendered, or refused?
• Which item is NOT part of the information that should be on the report?
• Leaves the jurisdiction of the court without the permission of the bondsman is listed as what in surrender terms?
• What is the renewal cost for a multicounty agent bondsman license?
• Exonerations should be included.
• Who determines the due date for fines and costs assessed by the Commissioner?
• When does a bail bondsman license expire?
• Which circumstance could allow licensing a felon?
• Along with a license, what must a surety bondsman file with the court clerk?
• Can a person be charged for failing to appear in court?
• Are Deny, Censure, Suspend, Revoke, Refuse hearings open to the public?
• Who directs a hold order when the defendant is arrested in another jurisdiction?
• Which of the following is NOT listed as a permissible action against an applicant or licensed bondsman?
• Who should verify licensure?
• Which person is described as eligible to obtain a release of a person on bail under the provisions?
• If renewing an expired license, what is the renewal fee compared to the original?
• What is the maximum time allowed to renew an expired license?
• Can someone post their own cash bond?
• Who pays expenses for returning the defendant to the original court?
• Which description best defines exoneration of a bond?
• How does a bondsman get notified of violations?
• How soon after a change of residence for business address must a notice be provided to the court clerk?
• How long should the files be kept?
• How long is an application valid after submission?
• What information should be listed on a receipt?
• What is the renewal frequency for bail bondsman licenses?
• If any statement on the affidavit is found to be false, what may the commissioner do?
• How long after the failure to appear can charges be filed?
• Which of the following correctly describes the penalty for violating this section?
• Is it permissible for a bondsman to personally appear at the jail to post a bond?
• If an application has been denied or a license censured suspended or revoked or renewal denied or a fine levied, does the bondsman have a right of appeal from such final order of the commissioner?
• Can a bondsman put all of the different insurers on one report?
• Which statement best describes the purpose of filing the power of attorney appointment with the court clerk?
• Who pays for a hearing for Deny, Censure, Suspend, Revoke, Refuse?
• The 3-year additional retention period begins when?
• Which statement about fines for violating licensing provisions is correct?
• Does the premium charge for the bond need to be listed on the bond?
• Before issuing a new appointment for a surety bondsman or managing general agent, the affidavit must state that which of the following is true?
• Who may bring an action for cloud on title?
• After surrender, which entity is responsible for exonerating the bond by filing the necessary paperwork?
• Should the bond have the mailing address of the bondsman and their insurer?
• The policy regarding bonds posted at the jail by a bondsman states that the bondsman may go to the jail to post bonds.
• If the court date is wrong on the undertaking bond, is the bondsman still responsible?
• How long must a bondsman reside in Oklahoma before applying for a license?
• Can a bondsman legally go to the jail to post a bond according to the policy?
• Are monthly reports private?
• Who issues the final order that can be appealed in Deny, Censure, Suspend, Revoke, Refuse matters?
• For how long must the bonds records be retained?
• What is the civil penalty for filing false affidavits regarding cancellation of the appointment of an insurer?
• How long must a cash bondsman be a resident of Oklahoma?
• Can a bondsman surrender a client who has been arrested on new charges in the same jurisdiction?
• How often must a professional bondsman or MCA submit an audited financial statement to the insurance commissioner?
• Can a bondsman collect interest on cash accounts?
• How long does a bondsman have to deposit cash or checks in the bank after receipt?
• If a bail bondsman license is suspended, revoked, surrendered, or refused, can the person keep working in a bail bonding office setting up bail?
• The initial 3-year retention period ends at which event?
• What is the penalty for violating the false information provision (on undertakings or indemnifications)?
• Which of the following statements correctly describes the scope of the false information prohibition?
• Which sentence best describes the nature of any conviction for violating the licensing provisions?
• The bond is exonerated by operation of law in the described scenario. True or False?
• What documents are required to be in the possession of a bondsman or licensed bail enforcer prior to an arrest or attempt to surrender a defendant to custody?
• Which of the following is NOT listed as an exonerating action for the bond or revocation of sentence?
• If a bondsman returns the premium can the bondsman charge a usual, customary, and reasonable fee for services provided in the transaction?
• When can the commissioner inspect records and files?
• For monthly reporting, which format is specified?
• What information should be on the report?
• Where must a bondsman register the license prior to becoming a surety on an undertaking bond?
• How long does a bondsman have to notify the court clerks and return the lisense if they stop writing bail?
• Must a bondsman be actively operating a bonding business to hold a license?
• How soon does a mortgage on real property need to be filed into the case with the court clerk?
• Should receipts be individually numbered?
• Does a bondsman need identification during the arrest or surrender?
• What name should the collateral be receipted for and deemed, for all purposes, to be in the name of, and for the use and benefit of?
• In the assisting bondsman requirements, the alternative to five years is what condition?
• Which statement about surrender prior to breach is true?
• How much does the licensing exam cost?
• What information shall be included on an affidavit on the undertaking of a bond?
• Are indemnitors entitled to copies of the contract?
• Penalty for failing to comply with notification and return of the lisense?
• The bond shall be exonerated by operation of law in a case where the defendant is arrested and there is an added charge that would result in a higher fine or longer term of sentence if convicted. True or False?
• Can a bondsman charge to substitute bail?
• Are high school diplomas or equivalents required for bail bondsman licensure?
• What if the defendant requests to move from one place of incarceration to another?
• After the document is prepared, how long should records be maintained?
• Under what condition is a full stenographic record of the proceedings required for hearings?
• To transfer a defendant to another jurisdiction under the bond, which two conditions must be documented in writing?
• Which entity regulates bondsman licensing and requires annual audited financial statements?
• Who prepares the licensing exam for a bail bondsman license?
• Monthly reports by a bondsman must be submitted in what format?
• Which statement about education to obtain licensure is true?
• Is there a right to appeal an application denial or license suspension or revocation?
• What shall be written on a receipt for collateral?
• If a license is renewed after expiration, how does the fee compare to the original renewal fee?
• How many hours of continuing education are required for each renewal period?
• Can a bondsman be held criminally liable for failure to receipt, safeguard, or return property?
• Does a bondsman have the right to go to the jail to post bonds?
• What is the required length of the pre-license course for bail bondsmen?
• Any premium paid by the defendant to the bondsman from the original charge shall be credited to the defendant if the same bondsman posts their appearance bond on the added or amended charge. True or False?
• As of November 1, 2015, can a bondsman hold an ownership interest in a restaurant establishment where alcohol beverages are lawfully sold?
• Can a bondsman face civil actions for failure to receipt, safeguard, or return property?
• Which of the following is a required element on the bondsman report?
• Can a bondsman sign a bond and have someone else present it at the jail?
• Which statement is true regarding annual financial reporting for license holders?
• Who no longer needs continued education?
• When a lien is filed, to whom does the bondsman owe duties?
• What is required after a bondsman changes its business address?
• Who hears the appeal for Deny, Censure, Suspend, Revoke, Refuse?
• Which of the following is NOT listed as a condition allowing surrender without return of premium?
• Which parties are prohibited from providing false information on any undertaking or indemnification agreement?
• If a license is suspended, what is the status of the licensee's authorization to practice bail bonds?
• If the defendant does not sign the undertaking bond, is the bondsman still responsible?
• As used in bail, what is the term for a charge to the payer based on the amount of time spent by the bondsman researching, drafting, and executing the bail bond, that must be detailed in a written document provided to the payor?
• What are the requirements of the assisting bondsman?
• Who determines the place for hearings on Deny, Censure, Suspend, Revoke, Refuse?
• What is an exoneration of bond?
• What is the minimum age to become a bondsman?
• Can a bondsman have a felony conviction?
• How often is the list of bondsmen permitted to write bail in that county updated and distributed?
• The waiting period before contacting a bondsman is best described as which timespan?
• If a person is convicted of violating the licensing provisions, what is the crime classification and penalty?
• A description of the collateral shall be listed on the undertaking by affidavit.
• When may a bondsman with a revoked license apply for another license under this act?
• Which statement is true regarding residency for licensure?
• Upon surrender, to whom is the defendant surrendered?
• What is the penalty for allowing unlicensed activities if convicted?
• What time of day does license expiration occur on the renewal date?
• What is the penalty for failing to appear?
• If a bondsman takes security or consideration after the affidavit is filed with the court clerk, an amended affidavit must be filed indicating the receipt of security or consideration. In this scenario, must an amended affidavit be filed?
• How often are the reviewal fees paid?
• Compared to the renewal for cash, property, surety, or professional bondsman, the multicounty agent bondsman renewal fee is higher than which category?
• Which residency condition is specified for the 21-year-old eligible to obtain release?
• In bail bonds terminology, who are indemnitors?
• Can a bail bondsman's license be suspended pending a hearing?
• Who compiles a list of the bondsmen permitted to write bail in that county to the judges and law enforcement offices of that county?
• Do professional or MCA license holders need to provide assets?
• What is the filing fee to file a license with the district court clerk?
• In a transfer provision, which parties must have a written agreement regarding the transfer purpose?
• Who may request a stenographic record for the hearings?
• If a lien or encumbrance does not indicate beneficial ownership in favor of the insurer, what is the effect on the title?
• In the stated policy, what is the maximum detention time before contacting a bondsman?
• What is the maximum imprisonment for providing false information?
• How is the Liability Limit for Property Bondsman calculated?
• How long does a bondsman have to file the notice of surrender with the court clerk?
• What if no certified copy of the undertaking "bond" is available?
• If there is no other order, within how many days must fines and costs be paid?
• What is the penalty amount described for cloud on title in terms of the 'greater of' amounts?
• A bondsman who takes possession of collateral is deemed fiduciary to which parties?
• Which entity is the collateral held for the use and benefit of, for all purposes?
• When should receipts be provided by a bail bondsman?
• Which of the following is NOT listed as a permissible action against an applicant or licensed bondsman?
• Which form may be used as a substitute if no certified copy of the undertaking bond is available?
• Which appointment term is true?
• What is the waiting time for retest after failing the exam?
• If a county has no licensed bondsman registered in the county, how many bonds can a bondsman write per year?
• Can a bondsman surrender a client, prior to breach, who does not have a warrant?
• What information should be included on the receipt regarding the defendant?
• What is the final order from which a bondsman may appeal?
• Who decides violations of bail laws or OID rules?
• Should a power be attached to a bond by surety agents?
• According to the OK insurance department how long should records be preserved after discharge or collateral return?
• Who is responsible for verifying the assisting bondsman's license and duration before allowing engagement in licensed acts?
• What is the renewal cost for a cash, property, surety, or professional bail bondsman license?
• Since November 1, 2006, how much must a MCA bondsman deposit with the insurance commissioner?
• How long before a surety bondsman can apply for a professional license?
• Can a bondsman use property held as collateral for themselves?
• According to the policy, monthly reports should be filed in which format?
• The required format for monthly bondsman reports is which of the following?
• The bond shall be exonerated by operation of law in a case where the defendant has been arrested on new charges in the same jurisdiction and the defendant has been subsequently released on his or her own recognizance. True or False?
• How long can a person be held before contacting a bondsman?
• Can a bondsman have an office at a bar or liquor store?
• Who presides over hearings for Deny, Censure, Suspend, Revoke, Refuse?
• There is conflicting guidance about whether all license types can be put on a single report; which statement best reflects this?
• Which addresses must appear on the bond form for contact purposes?
• Can a surety bondsman without a current surety appointment be listed as permitted to write bail in that county?
• May a bondsman continue to perform the acts of a bondsman while suspended or revoked?
• When are all fines and costs assessed by order of the Commissioner due and payable?
• Which items are included in the affidavit regarding the undertaking of a bond?
• What is the term for replacing one form of bail for another?
• Where is the jail or detention center required to post the list of bondsmen permitted to write bail in that county?
• Who must sign the bond form when presenting it to the jail's receiving official?
• Can one bondsman assist another bondsman during the arrest and surrender of a client?
• When is the premium on the bond earned?
• Can a bondsman use their personal bank account for collateral?
• Where must the bondsman's power-of-attorney appointment from the insurer be filed?
• The mandated method for monthly bondsman reports is which of the following?
• If the bond premium has not been earned, is the bondsman required to return the premium or collateral?
• How long does an appointment last?
• Who hears the appeal?
• What is the effect described by the term substitution of bail?
• Under what condition may the Commissioner authorize an earlier application for a new license after revocation?
• Can a bondsman assist another bondsman during the arrest and surrender?
• Who directs the hold order when a defendant is arrested outside the original jurisdiction?
• If a mortgage or other encumbrance against real property does not indicate beneficial ownership of the claim in favor of the insurer, what penalties apply?
• Which statement best describes when a bondsman may be contacted?
• If new security or consideration is obtained after the initial affidavit, what must be filed?
• Which statement correctly describes the location rule for Deny, Censure, Suspend, Revoke, Refuse hearings?
• If a client is arrested in another jurisdiction, how does a bondsman get them returned?
• Should the bond have the name of the bondsman and the insurer?
• Does a bondsman who still has liability but is no longer active in the bail bonds business need to file a report?
• Who may take steps against an applicant or licensed bondsman?
• Can a licensed bail bondsman allow a suspended, revoked, surrendered, or refused person to continue working in the office to set up bail?
• What is the filing fee for a new appointment?
• Which entity administers the licensing exam for bail bondsmen?
• If a bondsman does not write any bonds during the month, is a report still required?
• Which information must appear on the bond form alongside the parties involved?
• Who notifies the insurance commissioner of appointments?
• Who can inspect records, anytime during business hours?
• By what date must a bondsman file a report with the insurance commissioner?
• Reviewal fees are paid to the commission monthly. How much are the fees?
• When a bondsman takes possession of property or creates a lien under these provisions, on whose behalf do they act, and what is their fiduciary relationship?
• Is there a right to appeal a denial or suspension or revocation of a license?
• What must be submitted before issuing a new appointment for a surety bondsman or managing general agent?
• Is U.S. citizenship a requirement to obtain a bail bondsman license?
• In practice, the ability of a bondsman to go to the jail to post bonds is considered a right.