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West Virginia Professional and Surety Bail Bond Exam — Information & Free Practice

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West Virginia Professional and Surety Bail Bond Exam

Provider
Pearson VUE
Format
Computer-based multiple-choice examination
Exam questions
30 questions
Time limit
90 minutes
Passing score
80%
Examination outline
  • I. INSURANCE COMMISSIONER AUTHORITY AND GENERAL TERMINOLOGY — 5-8 QUESTIONS
    • A. Insurance Commissioner
    • A. Insurance Commissioner / 1. Broad powers
    • A. Insurance Commissioner / 2. Examination of records
    • A. Insurance Commissioner / 3. Notice and Conduct of hearing
    • A. Insurance Commissioner / 4. Penalties
    • B. Definitions
    • B. Definitions / 1. Agent, clerk, or representative
    • B. Definitions / 2. Bond
    • B. Definitions / 3. Bonding business
    • B. Definitions / 4. Bondsman
    • B. Definitions / 5. Cash
    • B. Definitions / 6. Commissioner
    • B. Definitions / 7. Insurer
    • B. Definitions / 8. Person
    • B. Definitions / 9. Surety Bondsman
    • B. Definitions / 10. Professional Bondsman
  • II. REQUIREMENTS AND QUALIFICATIONS OF LICENSE HOLDER — 4-6 QUESTIONS
    • A. Purpose/Requirements
    • B. Qualifications
    • B. Qualifications / 1. Bondsman
    • B. Qualifications / 2. Address
    • B. Qualifications / 3. Age
    • B. Qualifications / 4. Citizenship
    • B. Qualifications / 5. Authority
    • B. Qualifications / 6. Default of payment
    • B. Qualifications / 7. Knowledge, training, experience
    • B. Qualifications / 8. Driver’s license
    • B. Qualifications / 9. Past criminal history
    • B. Qualifications / 10. Past convictions
    • B. Qualifications / 11. Completion of affidavit
    • B. Qualifications / 12. Employee information
    • C. Change of Personal Information
    • D. Surety bondsman
    • D. Surety bondsman / 1. Company appointment
    • D. Surety bondsman / 2. Qualifying power of attorney
    • E. Fingerprinting
    • F. Appointment
    • G. Application fee
    • H. Identification card
    • I. Unauthorized Insurers Act
    • J. Reporting requirements
    • J. Reporting requirements / 1. Annual report by insurers
    • J. Reporting requirements / 1. Annual report by insurers / i. Company appointment terminations
    • J. Reporting requirements / 1. Annual report by insurers / ii. Administrative actions taken
    • J. Reporting requirements / 1. Annual report by insurers / iii. Additional information request
    • J. Reporting requirements / 2. Mandatory reporting requirements
    • J. Reporting requirements / 2. Mandatory reporting requirements / i. Criminal prosecution and administrative action
    • K. Fraud
  • III. RENEWAL OF LICENSE — 1-2 QUESTIONS
    • A. Renewed biennially
    • B. Renewal Fee
    • C. Attestation at time of renewal
    • D. Applications
    • E. Criminal history check/finger printing
  • IV. RESPONSIBILITIES OF LICENSE HOLDERS — 5-8 QUESTIONS
    • A. Bonding fee requirements
    • B. List of prohibited activities
  • V. RECEIPTS FOR COLLATERAL — 1-3 QUESTIONS
    • A. Written Receipt Required
    • B. Receipt requirements
    • B. Receipt requirements / 1. Prenumbered and consecutive order
    • B. Receipt requirements / 2. Name and address of the bail bondsman
    • B. Receipt requirements / 3. Name and address of the person providing collateral.
    • B. Receipt requirements / 4. Amount and nature of the collateral and date received
    • B. Receipt requirements / 5. Name of person accepting the collateral
    • B. Receipt requirements / 6. Include total amount of bond for which collateral is accepted
    • C. Accepting cash or check as collateral
  • VI. CANCELLATION OF LICENSE, DEATH, INCOMPETENCE, SUSPENSION AND REVOCATION — 5-8 QUESTIONS
    • A. Discontinuing the business of bail bonds
    • B. Death, incapacitation, or incompetence
    • B. Death, incapacitation, or incompetence / 1. Transfer the business to another
    • C. Suspension reasons
    • C. Suspension reasons / 1. Violating the law
    • C. Suspension reasons / 2. Material misstatement or misrepresentation
    • C. Suspension reasons / 3. Misappropriation or conversion of funds
    • C. Suspension reasons / 4. Conviction or pleading guilty to a felony
    • C. Suspension reasons / 5. Fraudulent or dishonest practices
    • C. Suspension reasons / 6. Untrustworthiness
    • C. Suspension reasons / 7. Misrepresentation
    • C. Suspension reasons / 8. Forgery
    • C. Suspension reasons / 9. Failure to return security
    • C. Suspension reasons / 10. Failure to notify the Insurance Commissioner of Contact Information
    • C. Suspension reasons / 11. Failure to file a report or filing a materially untrue report
    • C. Suspension reasons / 12. Affidavits/ False Affidavits
    • C. Suspension reasons / 13. Failure to pay required fees or forfeited bonds to a court
    • C. Suspension reasons / 14. Failure to pay any required fee to the Commissioner
    • C. Suspension reasons / 15. Posting a bond for any defendant without first obtaining a written or oral agreement with the defendant or cosigner of the bond.
    • D. Expiration
    • E. Revocation and suspension
    • F. Nonrenewal
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