Category

License Bonds

Washington Collection Agency Bond

Both resident and out-of-state operators must provide a Washington collection agency bond before offering debt collection services within the state.  The law defines “collection agency” as: (a) Any person engaged in soliciting claims for collection, or collecting or attempting to collect… Continue Reading →

Virginia Surplus Lines Broker Bond

An E&S broker must provide a Virginia surplus lines broker bond the the Bureau of Insurance before a license can be issued for operation in the Commonwealth. No person other than a licensed surplus lines broker may sell, solicit, or negotiate… Continue Reading →

Vermont Mortgage Broker Bond

Unless exempted a Vermont mortgage broker bond is required from any company or person who for compensation or gain negotiates, places, assists in placement, finds or offers to negotiate, place, assist in placement or find mortgage loans, other than commercial… Continue Reading →

Utah Immigration Consultant Bond

Except for one statutory exception an Utah immigration consultant bond is required of all individuals that pursue licensing.  An “immigration consultant” as defined in 13-49-102 means a person who provides nonlegal assistance or advice on an immigration matter including completing a document… Continue Reading →

South Dakota Surplus Lines Broker Bond

Within thirty days of approval an applicant must deliver a South Dakota surplus lines broker bond to the Department of Insurance, and before procuring any surplus lines business in the state.  A surplus lines broker is an insurance salesperson who is… Continue Reading →

South Carolina Mortgage Broker Bond

A broker applicant must post and maintain a South Carolina mortgage broker bond in an amount determined by the Administrator of Consumer Affairs, that is based on the total dollar amount of mortgage loans originated in a calendar year. Pursuant to… Continue Reading →

Pennsylvania Inspection Station Bond

A Pennsylvania inspection station bond is required before the Bureau of Transportation will issue a certificate of appointment to a privately owned facility within the Commonwealth. Pursuant to Pennsylvania statute, an applicant for a certificate of appointment must furnish a surety… Continue Reading →

Oklahoma Alcoholic Beverage Tax Bond

As a operational prerequisite an Oklahoma alcoholic beverage tax bond must be posted by every holder of a mixed beverage, beer and wine, caterer or special event license issued by the Alcoholic Beverage Laws Enforcement Commission. The surety company issuing the… Continue Reading →

Ohio Lottery Bond

Before a lottery agent can be licensed an Ohio lottery bond must be provided to the agency Director.  Upon receipt of a license application the Director will consider the financial responsibility of the applicant and his or her business, the applicant’s… Continue Reading →

North Carolina Collection Agency Bond

The Department of Insurance requires a North Carolina collection agency bond from every provider of regulated collection services in the state.  A “collection agency” defined by N.C.G.S. §58-70-15, as any person that procures a listing of delinquent debtors from any creditor and… Continue Reading →

New Mexico Independent Adjuster Bond

In order for an adjuster to legally operate he or she must procure a New Mexico independent adjuster bond and comply with the licensing requirements of the Public Regulation Commission.  State law defines an independent adjuster as a person that… Continue Reading →

Nevada Employment Agency Bond

Along with the Labor Commissioner’s application, a Nevada employment agency bond is statutorily required before a license will be granted.  Nevada law defines an “employment agency” as any person who, for a fee, commission or charge:  (a) provides information to a… Continue Reading →

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