{"id":1282,"date":"2013-06-25T03:30:14","date_gmt":"2013-06-25T03:30:14","guid":{"rendered":"http:\/\/suretyone.com\/blog\/?p=1282"},"modified":"2017-01-03T16:20:33","modified_gmt":"2017-01-03T16:20:33","slug":"massachusetts-employment-agency-bond","status":"publish","type":"post","link":"https:\/\/suretyone.com\/blog\/massachusetts-employment-agency-bond\/","title":{"rendered":"Massachusetts Employment Agency Bond"},"content":{"rendered":"

A Massachusetts employment agency bond<\/a><\/strong> is required by statute before a placement agency can be licensed or registered with the Department of Labor. \u00a0Pursuant to Section 46A<\/a> of the Massachusetts General Laws (MGLs),\u00a0\u201cemployment agency\u201d means any person who conducts in whole or in part an agency for the purpose of procuring or attempting to procure permanent or temporary help or employment or engagements, or for the registration of persons seeking such help, employment or engagement, or for giving information as to where and of whom such help, employment or engagement may be procured, where a fee is exacted or attempted to be collected for such service. \u00a0The Massachusetts employment agency bond<\/strong> must be\u00a0deposited with the Commissioner<\/a> in the amount of three thousand dollars $3,000) issued by a surety company licensed to do business in Massachusetts. The surety bond must run to the people of the Commonwealth and be conditioned that the licensee will comply with the provisions of sections 46B to 46R, and shall pay all damages caused any person by reason of any misstatement, misrepresentation, fraud or deceit, or any unlawful act or omission of said licensee, his agents or employees, while acting within the scope of their employment, and made, committed or omitted in the business conducted under such license. \u00a0The Massachusetts employment agency bond<\/a>\u00a0<\/strong>is not cumulative, being limited in the aggregate to the face amount of $3,000 regardless of the number of claimants or the number of years that the bond is in effect. \u00a0The surety bond obligation is continuous, expiring only at such time as the agency surrenders or non-renews his or her license, unless revoked by the Department of Labor. \u00a0The bond is cancelable upon sixty (60) days written notice by registered mail to both the licensee and the Massachusetts Department of Labor Standards. \u00a0The surety bond is considered cancelled upon the expiration of sixty (60) said days period except as to liability for acts or omissions which occur prior to the date of cancellation. Notice of cancellation of the Massachusetts employment agency bond<\/strong>\u00a0<\/a>is deemed effective upon receipt of written notice along with sufficient proof of notice to the licensee. The surety bond does allow direct third party claims. \u00a0Any person having a claim under the conditions of the obligation may initiate suit in any court of competent jurisdiction against the Principal and\/or the surety, however such suit must be brought within three (3) years of the act that caused the loss or damages.<\/p>\n

The Massachusetts Department of Labor provides an excellent “Frequently Asked Questions” section on its website. \u00a0You may access the Massachusetts employment agency bond, license and registration materials by clicking here<\/a>. \u00a0Each licensed or registered employment agency must also post a copy of the law. \u00a0You can download an approved copy for posting by clicking here<\/a>. \u00a0The Labor Commissioner contacts information is:<\/p>\n

19 Staniford Street, 2nd Floor
\nBoston, MA 02114
\nTel: 617-626-6975<\/p>\n

Massachusetts surety leader<\/strong>,\u00a0Surety One, Inc.<\/a>\u00a0is the \u2018No. 1\u2032 underwriter of surety bonds for the financial services sector. \u00a0We offer private employment agency\u00a0bonds\u00a0to ALL applicants in every state that requires them. We also offer broad\u00a0third party\u00a0fidelity bond\u00a0coverages designed for employment agencies to mitigate the risk of employee dishonesty losses. \u00a0Visit us at\u00a0SuretyOne.com<\/a>, call\u00a0(787) 333-0222<\/span>\u00a0or\u00a0(800) 373-2804<\/span>, or email\u00a0Underwriting@SuretyOne.com<\/span>\u00a0for a\u00a0Massachusetts employment\u00a0agency bond<\/strong>\u00a0application or for information about any surety or fidelity product.<\/p>\n","protected":false},"excerpt":{"rendered":"

A Massachusetts employment agency bond is required by statute before a placement agency can be licensed or registered with the Department of Labor. \u00a0Pursuant to Section 46A of the Massachusetts General Laws (MGLs),\u00a0\u201cemployment agency\u201d means any person who conducts in… Continue Reading →<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[139],"tags":[1564,1561,1563,1562],"yoast_head":"\nMassachusetts Employment Agency Bond • Surety One, Inc.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/suretyone.com\/blog\/massachusetts-employment-agency-bond\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Massachusetts Employment Agency Bond • Surety One, Inc.\" \/>\n<meta property=\"og:description\" content=\"A Massachusetts employment agency bond is required by statute before a placement agency can be licensed or registered with the Department of Labor. \u00a0Pursuant to Section 46A of the Massachusetts General Laws (MGLs),\u00a0\u201cemployment agency\u201d means any person who conducts in... 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