Nevada statute requires any person or business who operates as a collection agency to provide a Nevada collection agency bond to the state regulatory and licensing authority. The Nevada Financial Institutions Division defines a collection agency as all persons engaging, directly or indirectly, and as a primary or a secondary object, business or pursuit, in the collection of or in soliciting or obtaining in any manner the payment of a claim owed or due or asserted to be owed or due to another. The Financial institutions Division requires a bond in the amount of $35,000 upon initial application, which the Commissioner can adjust as he or she deems necessary up to $60,000. The conditions of the Nevada collection agency surety bond are that the principal and its agents will comply with all of the provisions of Chapter 649 of the Nevada Revised Statues, and the rules and regulations promulgated by the Commissioner, and pay over all funds due to third parties. Surety One, Inc., will issue these for experienced applicants regardless of credit condition. We also offer superlative fidelity bond coverages to protect against losses due to employee dishonesty. Visit the nations surety leader at SuretyOne.com, call (787) 333-0222 or (800) 373-2804, or email Underwriting@SuretyOne.com for a Nevada collection agency bond or any surety need. Nuestros representantes hablan su idioma.
