OK BAIL BONDSMAN — Information & Free Practice

US-OK · Examination information

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OK BAIL BONDSMAN

Examination outline

Licensing
- Maintenance (including CE)
- Disciplinary Actions
- Requirements and Prohibitions
- Type of Qualifications
State Insurance Statutes, Rules, and Regulations
- Examination of Books and Records
- Bondsman Statute and Regulation
- Fraud and False Statements
- State Specific Definitions
- Forfeitures
- Insurance Commissioner General Duties and Powers
- Surrender Prior to Breach
- Surrender After Forfeiture
- When is a Bond Perfected?
- Penalties versus Violations
- May versus Shall
Trade Practices
- Appointment and Cancellation
- Prohibited Practices
- Solicitation
- Sharing Premium
- Recommending an Attorney
- Misappropriation or Conversion of Money or Property belonging to Co‐Signor(s)
- Monthly Reports
- Licensee Responsibilities
- Fiduciary Responsibilities
- Travel Expense/Fugitive
- Potential Liabilities
- Ongoing Liability after Cancellation
Definitions
- Forfeiture
- Misdemeanor/Felony
- Arraignment
- Preliminary Hearing
- Pleas
- Exoneration
- Extradition
- Power of Attorney
- Premium
- Appearance Bond
- Lines/Qualifications of Bondsman
- Indemnitor
- Collateral
- Remitter

Examination sources