Californial Statel Baill Bondsl Examl Latestl

Californial Statel Baill Bondsl Examl (Latestl 2026/l 2027l Update)l 100%l Verifiedl Questionsl &l Answersl |l Gradel A

Q:l Whatl arel thel fourl typesl ofl baill licenses?

Answer:

Agent,l Soliciter,l Permittee,l Fugitivel Recovery

Q:l Whatl sizel bondl isl requiredl forl al baill agent,l baill solicitor,l &l Fugitivel recoveryl agent?

Answer:

$1,000

Q:l Everyl applicantl forl al licensel tol actl asl al baill agentl mustl filel withl thel commissionerl al "Noticel ofl ____l "l executedl byl al surety.

Answer:

Appointment

Q:l Al baill Licenseel mayl purchasel andl usel thel businessl DBAl ofl anotherl ifl thel predecessorl hasl conductedl thel businessl forl al periodl ofl ____

Answer:

Twol consecutivel yearsl orl more

Q:l Whatl sizel bondl isl requiredl forl al baill permittee?

Answer: 1 / 3

$5,000

Q:l Al baill solicitorl may....

Answer:

Onlyl conductl businessl underl thel namel ofl his/herl employer

Q:l Whatl sizel bondl isl requiredl forl al baill solicitor?

Answer:

$1,000

Q:l Whol canl bel al baill agent

Answer:

Bothl Bl andl C

Q:l (Whatl isl thel incorrectl answer?)l Thel Insurancel Commissionerl mayl declinel tol issuel al baill licensel untill hel isl satisfiedl that...

Answer:

Thel applicantl isl ofl goodl morall reputation

Q:l Withl regardl tol baill licensees,l thel Insurancel Commissionerl may:

Answer:

A,l Bl andl Cl arel alll true

Q:l Thel Insurancel Commissionerl shalll notl suspendl orl revokel anyl license,l withoutl firstl grantingl al hearing,l uponl reasonablel noticel tol thel applicant,l exceptl thatl hel mayl temporarilyl suspendl suchl al licensel forl al periodl notl exceeding... 2 / 3

Answer:

15l days

Q:l Whenl doesl thel baill licensel expire?

Answer:

Onl thel firstl dayl ofl thel nextl monthl twol yearsl froml thel monthl itl wasl issued

Q:l Thel provisionsl ofl lawl relatingl tol unlawfull rebates:

Answer:

Shalll notl applyl tol commissionsl paidl orl exchangedl betweenl baill licensees

Q:l Al naturall personl isl definedl as...

Answer:

Al humanl being

Q:l Inl al baill corporation,l whatl percentl ofl thel stock/sharesl shalll bel heldl byl licensedl agents?

Answer:

100%

Q:l (Truel orl False)l Thel commissionerl shalll notl issuel al baill licensel tol anyl personl unlessl andl untill thel applicantl takesl andl passesl anl examination...

Answer:

True

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