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License & Permit Bonds |
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Call Us: (713) 622-1494 |
Bond Descriptions
Guarantees that a person or organization will perform according to the laws and statutes of a particular business or industry.
There are thousands of License & Permit bonds associated with regulatory statutes enacted by Federal, State or local authorities. These bonds are usually required to conduct business within those authorities’ jurisdiction. We are able to write many of these bonds depending on the bond amount, bond obligation and the relative credit worthiness of the applicant. We have provided a short list of the most frequently requested bonds and their function. If you don’t see the bond you need, please click on the "All Other Bond Requests" box to the right, complete the information, send it to us or call us at 713-622-1494.
Auto Dealer Bond
This bond guarantees the auto dealers payment of bank drafts and checks for purchased vehicles and proper title transfer. The bond term follows the license period.
Auto Title Bond
This bond guarantees payment to the rightful owner, lienholder or others who have an acquired interest in a motor vehicle when title has been wrongly transferred.
Credit Services Bond
Guarantees that the principal organization complies with the laws of the governing authority requiring the bond and provides a limit of financial recovery if that organization does not perform the services for which it has agreed and for which it has received money or other valuable consideration.
Lost Securities/Money Order Bond
This bond guarantees the reimbursement of monies owed if a lost or stolen money order, stock, bond, cashier's check, or other negotiable instrument, is found and mistakenly or deliberately cashed.
Medicare Suppliers/DMEPOS
Federal requirement for suppliers of certain medical equipment under the Medicare Program. The bond limit is $50,000 and filed with the National Supplier Clearinghouse, Columbia, SC.
Mortgage Broker Bond
Guarantees up to the bond limit all monies owed by the broker to State or Federal Authorities arising from activities as a broker or due to claims against broker by persons with whom broker conducts business in accordance w/ terms of the broker license. Bond term follows licensing period.
All Other Bond Requests
The Surety & Fidelity Association estimates there are over 10,000 Federal, State, local, Public, and private bonds. We will help with any bond request you have. Please complete and forward the application to us in this section.
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IMPORTANT NOTE: While we specialize in Surety Bonds, this Website provides only a simplified description of bonds and is not a statement of contract. Wording may not apply in all states. For complete details of bonds and conditions, be sure to read the bond, including all endorsements, or riders, if applicable. Bonds CANNOT be bound, amended, or altered by leaving a message on, or relying upon, information in this Website or through E-Mail.
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