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Bond Name | Actions | Type |
---|---|---|
Adjuster | Apply | License & Permit |
Alcoholic Beverages, Beer & Liquor | Apply | License & Permit |
Appearance Enhancement | Apply | License & Permit |
Auctioneer | Apply | License & Permit |
Bail Bond Agent or Agency | Apply | License & Permit |
Base Station – For Hire | Apply | License & Permit |
BMC-84 | Apply | License & Permit |
Bond of Seller | Apply | License & Permit |
Boxing Exhibition | Apply | License & Permit |
Brewery | Apply | License & Permit |
Cannabis | Apply | License & Permit |
Car Wash | Apply | License & Permit |
Certificate or Defective Title | Apply | License & Permit |
Cigarette Tax | Apply | License & Permit |
Compliance | Apply | License & Permit |
Depository | Apply | License & Permit |
Custodian Bond for Veterans
A Surety bond required by the Department of Veterans Affairs when a fiduciary is appointed on behalf of a veteran beneficiary to guarantee the Custodian will perform their duties properly and not misuse funds.
Pharmacy Drug Bond
Compliance bond required by a State Board when operating a wholesale pharmacuetical drug company
Adjuster Bond
License bond requirement of the State to ensure adjusters conduct business faithfully and in compliance with the laws of the State
Administration Bond
A bond which is furnished by the executor or administrator of an estate. It guarantees that the estate will be settled in accordance with the terms of the Will, or, if there is no Will, in accordance with the law. It guarantees the fidelity of the executor or administrator.
Administrator c.t.a. Bond
A fiduciary surety bond which is required to protect heirs and creditors of an estate when the executor named in the will is no longer available to serve
Administrator d.b.n. Bond
A fiduciary surety bond which is required to protect heirs and creditors of an estate when the executor named in the will is deceased and a replacement fiduciary is required
Advanced Payment of Commission Bond
A fiduciary surety bond required by the court in order to collect commissions of an estate proceeding prior to the settling of the estate.
Alcoholic Beverages, Beer & Liquor Bond
(Permit Bonds) There is great variation from one jurisdiction to the next in the laws applicable to those dealing in alcoholic or intoxicating beverages. In all states, except where beer or liquor is sold by state stores, dealers are licensed. Bonds may be required to simply guarantee compliance with the law and can be written for reputable dealers. In other jurisdictions, the bonds may also guarantee the payment of taxes on beverages sold which makes the bond a good faith and credit guarantee. In still other jurisdictions, the bond guarantees fines or contains forfeiture provisions making the entire penal sum payable if the dealer is convicted of any violations of the law.
Appeal Bond
When a judgment or decree has been rendered in one court and the losing party wishes to take an appeal to a higher court, he or she ordinarily must give an appeal bond. The giving of this bond usually prevents the successful party in the lower court from executing on the judgment. Therefore, the appeal bond generally supersedes or takes the place of the judgment. The bond guarantees that the appeal will be prosecuted without unnecessary delay, and if the judgment is affirmed by the Appellate Court, that the principal will satisfy the judgment with interest and costs.
Appearance Enhancement Bond
License bond requirement of the State to ensure state law compliance of the laws operating a waxing, nail specialty, hair styling, cosmetology business
Assignee Bond
Surety bond which guarantees a person who is appointed by a court to oversee liquidation of involvent debtors
Attachment Bond
This bond guarantees the payments of costs and damages to property if the applicant is unsuccessful in their court action.
Auctioneer Bond
License bond requirement of the State to ensure compliance of the state laws operating an Auctioneer business
Bail Bond Agent or Agency Bond
License bond requirement of the State to for compliance of the laws when operating a bail bond agent or acting as an agent.
Base Station - For Hire Bond
License bond requirement of the State to ensure a base station operates the business in compliance to the laws and ordinances regulating the industry
Bid Bond
Bid bonds are a financial guarantee by the surety to the obligee, usually the project owner, that the contractor will honor his bid price, enter into a contract and supply the required performance and payment ponds. The bid bond amount is usually 5 to 20% of the bid amount. If the contractor fails to honor his bid or cannot furnish the performance or payment bonds, the surety is liable for the difference between the first and second bidder up to the face amount of the bond.
BMC-84 Bond
Surety bond which guarantees payment between the broker, surety and motor carriers & shippers, should the broker fail to comply or remit payment or services rendered.
Bond of Seller
Seller of travels are also referred to as travel agent bonds. They represent a guarantee for your travel business will transfer to them any due payments on bookings made through your agency
Boxing Exhibition Bond
License bond requirement which guarantees the promoter’s compliance with all applicable laws regulating their license as well as guarantees that the promoter will pay all obligations that will arise from their sporting events, thereby giving athletes and venue owners security for any payments that the promoter promises.
Brewery Bond
A surety bond required for brewery industry to ensure compliance of the laws and regulatiions relating to their license
Business Services Bond
Insures against loss of money or other property belonging to a specific client or all clients. The bond contains a conviction clause and the maximum penalty is $250,000.
Cannabis Bond
Surety bond requirement per state or governmental bond to ensure compliance of license and regulations for cannabis businesses
Car Wash Bond
Car wash bonds are a type of surety bond, set in place by some states in order to guarantee that car washes give their employees all earned wages, as well as interest and fringe benefits. In this aspect, car wash bonds are similar to wage and welfare bonds.
Certificate or Defective Title Bond
A Surety Bond requirement of the State to protect the regulations of issuing a replacement or lost title certificate for an automobile, motorcycle or watercraft
Cigarette Tax Bond
Cigarette tax bonds are a type of sales tax bond, and fall in the category of financial guarantee bonds. Local governments require them of sellers of tobacco products and cigarettes, in order to license them
Compliance Bond
License bond requirement made by a State, City, Village, Town to ensure compliance of work performed under a contractural obligation
Depository Bond
A financial guarantee bond to ensure funds in excess of the FDIC offered limits are protected in compliance with the banking regulations
Detective Agency Bond
License Bond requirement which protects customers in the event of fraudulent or illegal actions by the private investigator or detective agency.
Discharge of Lien Bond
A Surety bond filed with a County Clerk or Court with executed copy to a lienor in compliance with the State statute to discharge a lien against real property
Distilled Spirits Bond
A surety bond required by a State to ensure compliance of the regulations when operating a Distilled Spirits business
Durable Equipment (DMEPOS) Bond
Surety bond required by Medicaid/Medicare compliance of selling products within the health industry. The acronym stands for Durable Medical Equipment, Prosthetics, orthotics and supplies which are types of equipment patients need at home for medical conditions
Electrician Bond
Surety bond required by a State, City, Village or Town to ensure compliance of their conduct as an electrician,
Employee Dishonesty Bond
This coverage form covers money, securities and property against loss caused by employee dishonesty. Endorsements can be added to broaden the policy form.
Employment Agency Bond
Employment agencies are obligated by the surety bond to pay all damages suffered by any person by reason of any misstatement, misrepresentation, fraud or deceit, or any unlawful act or omission on the part of the principal, its agents or employees, while operating in the business as license
ERISA Bond
This bond provides protection for retirement plans (401K plan, profit sharing, etc.) from losses due to fraud or dishonesty on the part of the person(s) handling the funds. The ERISA requirement is 10% of the plan assets or $500,000 (whichever is less). This bond does not protect the personal assets of the fiduciaries. For fiduciary ERISA coverage see ERISA Fiduciary Liability Policy.
ERISA Fiduciary Liability Policy Bond
This coverage form covers money, securities and property against loss caused by employee dishonesty. Endorsements can be added to broaden the policy form.
Executor Bond
A fiduciary surety bond which is required to protect heirs and creditors of an estate where a last will and testament is available
Farm Products Dealer Bond
A Surety Bond guaranteeing the regulations and ordinances of a state obligation when conducting a dealer for farm products
Food Stamp Bond
A Food Stamp Surety Bond is a bond required by the United States Department of Agriculture, Division of Food and Nutrition services. It is required of a retailer who participates in the USDA Federal Food Stamp program by distributing food stamps
Freight Broker Bond
The freight broker surety bond requirement exists to help establish credibility and prevent fraud or failure to pay motor carriers or shippers in a timely manner
Fuel Tax Bond
A fuel tax bond guarantees that all fuel sellers operating within a state will pay the state government all required taxes, penalties, and any interest owed. A fuel tax bond is required to be posted for all fuel owners as long as their license is active.
Fundraiser Bond
The bond is conditioned upon the principal paying all monies due to any party when the principal or its representative or agent receives such funds.
Guardian Bond
This bond guarantees faithful performance of the duty of a fiduciary appointed by the court to administer the estate of an incompetent person.
Highway/Street Opening Permit Bond
A surety bond required by a State,City, Village or Town to ensure sidewalks, roadways, highways are constructed per terms of a contractural obligation/ordinances of the obligee
Home Improvement Bond
This bond guarantees performance of a contract for construction or repair work and compliance with obligees laws and regulation
Hunting & Fishing License Bond
The purchase of a hunting and fishing license surety bond serves as a pledge by the business owner that he/she will sell hunting and fishing licenses according to the law
Injunction Bond
This type of bond may be required of law officers who are called upon to execute o writs. Generally, the officers will rely on the plaintiff’s attorney as to what property is subject to seizure. The officers are liable for damages for seizing the wrong property or acting on invalid writs. The bond is for the protection of officers of the court from such damages. If there is a fully adjudged claim that has been reduced to a judgment, the potential liability under such a bond is quite limited. However, if the claim is questionable or the property not clearly identified as to ownership, substantial damages can occur. Sometimes adjoining or other property not belonging to the plaintiff is damaged when the plaintiff’s property is removed.
Janitorial Bond
Janitorial Services bond is a bond to protect you and your employees against allegations of dishonesty, theft, disappearance, etc. The employee(s) must be convicted of a crime before coverage will apply.
Laundry Bond
A business must have a Laundry license if it washes, dries, starches or irons clothes, household linens or other washable fabrics for the public or, if self-service or otherwise, the public may come to the business to wash clothes or other fabrics whether by automatic or coin-operated machines. In order to be licensed, the City requires a business owner to be bonded to ensure he/her are in compliance with the licensing laws when acting in this capacity.
Lease Bond
A financial guarantee bond to ensure all terms and obligations are met under the terms of a fully executed lease agreement
License & Permit Bond
A license or permit bond provides a guarantee that a business will comply with governmental laws and regulation
Liquor Bond
License bond required by the State when operating a business selling beer, wine, or liquor to ensure compliance of the regulations under the license.
Lis Pendens Bond
A Surety bond which is required by the Court to block of the sale of real property which is filed by the Plaintiff in good faith. Bond terms and conditions are outlined by court directives.
Lost Instrument Bond
This bond indemnifies the issuer of a duplicate security against claims of anyone claiming to be the owner of the original instrument/security. The instrument/security must be lost at least 60 days. If the lost instrument is a bank or certified check, the check must be missing for at least 60 days before a bond will be issued.
Lost Securities Bond
A surety bond required by a financial institution or cooperative for persons who have lost of misplaced their bond, stock certificate or check
Maintenance Bond
The maintenance (or warranty) bond is a financial guarantee that the contractor will maintain a project for a specified time after completion. Usually the bond, when required, is written at the same time as the performance and payment pond. The bond is usually written as a smaller percentage of the contract amount, typically 10%.
Mechanic’s Lien Bond
This bond guarantees that a mechanic’s lien filed against a property will be discharged and released.
Mortgage Broker Bond
Mortgage broker bonds (also known as mortgage bonds) are license bonds required by state governments. The bond guarantees the mortgage broker (principal) will operate per the rules and regulations of the state licensure code. Each state has its own specific set of laws to abide by.
Therefore, each state requires a separate bond, stating the penalty amount and precisely what statutes are being guaranteed by the bond.
Current Market: Mortgage broker bonds are currently being written at excellent rates for those who qualify. In general, rates are less than other license bond types. However, not all bonding companies are offering lower rates for mortgage brokers.
Mortgage Lender Bond
As a new mortgage lender, there are many things to consider, such as what kind of loans you’ll specialize in, where your office will be, and how to market yourself and get your name into the industry However, there’s another critical issue that you need to consider as you begin establishing your business and its customer base.
Law requires businesses in some industries to secure a surety bond before a state business license can be issued. Mortgage lenders and brokers are required to get a surety bond before obtaining their mortgage broker license, a process that is generally backed by the state department of banking. The bond’s purpose is to ensure the consumer is protected in the event of wrongful practices or fraud on the part of the lender or broker.
Mortgage Loan Originator Bond
A person or entity who assists a consumer in obtaining or applying for a residential mortgage loan by advising on loan terms, preparing loan packages, or collecting information on behalf of the consumer, provides offers and negotiates terms of a residential mortgage loan for compensation or gain.
Motor Vehicle Dealer Bond
A surety bond required by a State to ensure compliance for the regulations of the industry for selling new and / or used cars
Moving & Storage Bond
Surety Bond which protects consumers if an a company conducts business unethically, breaks any laws or causes the consumer to sustain a financial loss
Nail Salon Wage Bond
Surety Bond which protects consumers if an a company conducts business unethically, breaks any laws or causes the consumer to sustain a financial loss
Notary Public Bond
A surety bond required by a State to ensure compliance of the regulations for performing notary services
Nursing Home Patient Trust
The bond ensures that patients will receive compensation for financial harm if the health care facility fails to comply with the regulations set forth by each state where the facility is located.
Order of Seizure Bond
A drastic but legal preliminary remedy for certain kinds of infringement. A Federal court may order the United States Marshal to confiscate and impound allegedly infringing articles pending trial. Since it may turn out later that the allegation was incorrect, the party seeking seizure must post a bond to protect the party whose items were seized. The remedy may even be granted ex parte in certain circumstances (meaning that the defendant has no chance to oppose the seizure in advance).
Pawnbroker Bond
The bond protects the public from financial harm if the pawnbroker fails to comply with the regulations set forth in New York State General Business Law 5-41.
Performance & Payment Bond
The performance bond guarantees the performance of the contractor, that they will complete the contract at the price stated as per the plans and specifications. If the contractor defaults the surety must step in and complete the project or pay to have it completed up to the bond limits. Most performance bonds are written at 100% of the contract amount and increase with each change order. The cost of the bonds is based on a percentage of the contract amount.
Permit
Compliance bond required by a State, City, Village or Town to ensure laws and ordinances are complied.
Plumber Bond
A License bond a professional must obtain before earning a license. A plumber’s bond essentially holds a plumber financially responsible if they fail to follow state laws and codes of conduct
Power of Attorney Bond
A Surety bond to ensure compliances of terms agreed and authorized under a fully executed Power of Attorney
Preliminary Executor Bond
Person appointed as fiduciary prior to a will being admitted to probate or administration of an estate, with no power to make distribution of estate assets pursuant to the will until such time as the will has been admitted to probate.
Preliminary Injunction Bond
An Undertaking filed with the court under the terms of the CPLR codes to guarantee the defendant any damages sustained should the court dismiss a plaintiff’s lawsuit
Private Investigator Bond
The bond guarantees that the educational institution will comply with the terms established therein. If the principal causes another party financial injury by breaking the terms of the bond, the surety will guarantee the principal’s obligation and pay the injured party if the principal will not or cannot.
Private School Bond
The bond guarantees that the educational institution will comply with the terms established therein. If the principal causes another party financial injury by breaking the terms of the bond, the surety will guarantee the principal’s obligation and pay the injured party if the principal will not or cannot.
Process Server Bond
The process server surety bond is a legal contract that says you, as a process server, will obey state rules and regulations while completing your dutie
Real Estate Bond
Surety bond which guarantees that real estate brokers will perform all of their duties in compliance with regulations for their license in their state.
Receiver/Referee Bond
When a petition is filed in bankruptcy, the court will appoint a receiver to look after the bankrupt’s property until there has been a meeting of creditors and a permanent trustee is appointed. This bond covers the faithful performance and accounting of monies in connection with the operation, reorganization and rehabilitation of debtors business.
Refunding Bond
Replevin Bond
A surety bond filed with the court typically provided by a plaintiff in order to attach property that is in a debtors possession prio to the decision of any judgment.
Sales & Use Tax Bond
A sales and use tax bond, also known as a sales tax bond or financial guarantee bond, is a type of surety bond that is required by local or state legislation that ensures businesses pay their taxes for the calendar year.
Second Hand Dealer Bond
To ensure the licensee is in compliance with the licensing laws when acting in this capacity a bond is required by the Department of Consumer Affairs
Site Improvement Bond
This bond guarantees that a developer will properly install improvements affecting public property associated with commercial property belonging to the obligee, in accordance with applicable building codes.
STAMP (Signature Guarantee) Bond
A surety bond which guarantees obligees for a STAMP Imprint and guarantees of signatures and regulatory of financial institutions.
Stay of Execution Bond
An appellant may, at or prior to, the filing of the notice of appeal, file a supersedes bond in an amount determined under the Statute, which if approved and accepted by the court, shall have the effect of staying execution on the judgment while the appeal is pending. The court may also, at or prior to the filing of the notice of appeal, fix the amount of the supersedes bond by order and allow appellant a reasonable period of time not to exceed thirty (30) days to file the bond, subject to its approval. This means that a bond may be filed in the court after the notice of appeal has been filed and if the court sets the amount of the bond at or before the filing of the notice of appeal.
Street Obstruction Bond
The City of New York requires a bond when filing a permit for excavation/street opening. Please refer to the NYC-Department of Transportation for details.
Subdivision Bond
This bond guarantees that a developer will properly improve public property associated with a commercial subdivision belonging to the obligee, in accordance with applicable building codes.
Supersedeas Bond
Often referred to as Appeal bonds, this is a form of an Undertaking to be filed with a Court by an appellant who desires to delay payment of a judgment until the appeal is over and perfected.
Talent Agency Bond
Talent agency surety bonds protect any client that suffers financial damages as a result of the agency’s business practices.
Third Party Fidelity Bond
Can be written in conjunction with an Employee Dishonesty policy A to extend coverage to a client’s premises. ERISA Fiduciary Liability Policy This bond provides coverage for retirement plans (401K plan, profit sharing, etc.) fiduciaries’ personal assets and legal defense in the event of a claim. This is not an ERISA requirement but strongly recommended — the ERISA bond does not protect the personal assets of the fiduciaries.
Thruway Authority Bond
A surety bond required by a State to ensure compliance of any outstanding invoice due for commercial E-Z Pass usage
Tick Reseller Bond
The surety bond will serve as a financial guarantee in case the ticket reseller violates the terms of his or her license, as well as all the laws and rules that govern ticket resellers in the State
Title Insurance Agent/Agent Bond
Title agency bonds protect the state and the public from title agencies that mislead or misrepresent their clients, act dishonestly, or otherwise engage in activities that are not in compliance with state regulations for title agencies.
Tobacco Tax Bond
These financial guarantee surety bonds provide the federal government with a guarantee that all taxes owed will be paid and assurance that the principal (manufacturer or exporter) will comply with federal laws and regulations.
Trustee Bond
The bond covers faithful performance of the duties of the trustee named in a will – testamentary trustee or covers faithful performance of duty by a person appointed trustee in a bankruptcy proceeding.
Utility Bond
A utility bond is as a financial guarantee required by a utility company prior to any services being rendered. This bond is in place to ensure that your business is entering into a dependable working relationship and will also make all of the necessary payments to the utility company on time
Wage & Welfare Bond
A wage bond, sometime referred to as welfare, union or fringe benefit bond, ensures the delivery of dues, benefits and packages that have been promised as part of a union agreement. They guarantee that employers will make their contribution to welfare funds
Warehouse Bond
A warehouse bond provides financial protection for individuals or businesses that store goods in a storage facility. If the warehouse owner fails to live up to the contract terms, a third-party surety company will compensate the client for loss.
Watch Guard Bond
This license bond is a typical requirement for obtaining a security guard agency license that guarantees your legal compliance
Wine Wholesale or Warehouse Bond
Yellowstone Injunction Bond
An Undertaking filed with the Court under a proceeding initated by the tenant when a landlord seeks to terminate the lease because of a claimed default by the tenant.
Temporary Restraining Order Bond
It is a judge’s short-term order forbidding certain actions until a full hearing can be conducted. Often referred to as TRO. A TRO bond carries essentially the same guarantees and liabilities as a preliminary injunction bond. In some jurisdictions, a TRO bond is replaced by a subsequent preliminary injunction bond.
Surplus Lines Producer Bond
Surplus lines insurance pertains to business that is placed by an agent or broker with a non-admitted insurer. A non-admitted insurer, known as an excess and surplus lines insurer is not licensed to transact business in a given state but may be permitted to write certain business in accordance with the surplus lines provisions of the state’s insurance laws which often permits greater freedom from rate, form, and operational regulation.
Seizure Bond
A drastic but legal preliminary remedy for certain kinds of infringement. A Federal court may order the United States Marshal to confiscate and impound allegedly infringing articles pending trial. Since it may turn out later that the allegation was incorrect, the party seeking seizure must post a bond to protect the party whose items were seized. The remedy may even be granted ex parte in certain circumstances (meaning that the defendant has no chance to oppose the seizure in advance).
Removal Bond
Where a case originally brought in a state court is removed to the federal court, the defendant is required to give bond for the payment of costs in federal court if the case is found to have been improperly removed. Similar bonds may be required on removal of a case from one state court to another.
Security for Costs Bond
A statutory requirement of certain plaintiffs in a derivative suit to post a surety bond from which defendants may be reimbursed for their expenses if they prevail.
Public Official Bond
A bond that guarantees faithful performance of duty of a public official in a position of trust; also provides for an honest accounting of all public funds handled by him/her. Such bond is given to comply with a statute and, therefore, carries whatever liability the statute imposes.