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Who is an Indemnitor? - Correct Answer-An indemnitor is a co-signer. Co-sign for the bond of the Principle Who is a Principle - Correct Answer-The Principle is the defendant What is a indemnity agreement? - Correct Answer-An agreement signed by both def and indemnitor agreeing to pay and to appear at court on set date. Who is an oblige? - Correct Answer-The oblige is the State of Connecticut Who is the Surety? - Correct Answer-The surety is the bail bond agent posting the bond on behalf of the principle (defendant) What is a premium receipt? - Correct Answer-A premium receipt is a receipt giving to the defendant once the premium of he bond has been paid, whether it be the whole premium or 35% of the premium. What is a power of Attorney - Correct Answer- What is a collateral - Correct Answer- What are trust obligations - Correct Answer- What is a surety bond? - Correct Answer- What is a non-surety / cash bond? - Correct Answer-
Typology: Exams
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Who is an Indemnitor? - Correct Answer-An indemnitor is a co-signer. Co-sign for the bond of the Principle Who is a Principle - Correct Answer-The Principle is the defendant What is a indemnity agreement? - Correct Answer-An agreement signed by both def and indemnitor agreeing to pay and to appear at court on set date. Who is an oblige? - Correct Answer-The oblige is the State of Connecticut Who is the Surety? - Correct Answer-The surety is the bail bond agent posting the bond on behalf of the principle (defendant) What is a premium receipt? - Correct Answer-A premium receipt is a receipt giving to the defendant once the premium of he bond has been paid, whether it be the whole premium or 35% of the premium. What is a power of Attorney - Correct Answer- What is a collateral - Correct Answer- What are trust obligations - Correct Answer- What is a surety bond? - Correct Answer- What is a non-surety / cash bond? - Correct Answer- What is a ten percent surety - Correct Answer- What is a real estate property bond - Correct Answer- Procedure for application for bond (surety/defendant contract) - Correct Answer- What is the procedure for collateral when taking from client - Correct Answer- Procedure for posting a bond - Correct Answer- Court procedures for a Arraignment - Correct Answer-
Court procedure for a Trial - Correct Answer- Court Procedure for a Appeal - Correct Answer- What are the conditions of release prior to trail - Correct Answer- What are the conditions of release after conviction--stay of execution - Correct Answer- What are the conditions of release pending appeal - Correct Answer- What is a failure to appear - Correct Answer- What is revocation of the right to bond? - Correct Answer- What is----release of surety - Correct Answer- Bond forfeiture- Dispersal of funds - Correct Answer- Bond forfeiture- Arrest after forfeiture - Correct Answer- Bond Forfeiture- One year rule - Correct Answer-If def turns himself in a year after forfeiture was ordered --- the surety shall be entitled to a rebate (all depends on what court says)