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What percentage of collateral is a bondsman allowed to take for posting a bond?

  1. 50%

  2. 75%

  3. 100%

  4. 150%

The correct answer is: 100%

A bondsman is allowed to take a percentage of collateral that is equivalent to the total bond amount being posted, which is typically 100%. Collateral is necessary to ensure that the bondsman has a security interest in the event that the defendant fails to appear in court. This amount serves as a guarantee for the bondsman, minimizing the risk involved in posting bail for the accused. In North Carolina, it is customary for a bondsman to require collateral that matches the full amount of the bail set by the court. This practice protects the bondsman’s financial interests and ensures that they can recover the loss if the defendant disappears. Thus, taking 100% collateral aligns with the standard practices within the bail bonds industry. The other percentages provided do not reflect the typical collateral requirements and may not cover the total bond amount needed, which could put the bondsman at greater risk. Therefore, the stipulation of 100% is both standard and legally justifiable within this context.