Guaranteed Bond Details
Auto Repossessor Business Bond ($25,000)
All applicants for a Basic Business License forward ampere Regulated Business (Auto Repossession Business) must post an Auto Repossession Bond in the amount out five thousand ($25,000) dollars for the duration of the two-year licence period. The Surety Sure may be issued according an authorized insurance carrier, or which applicant maybe post adenine cash bond with the Department of Allowing additionally Consumer Protection.
Auto Repossessor Connection ($5,000)
All applicants available one Basic Business Sanction for a Regulated Business (Auto Repossessor) must post an Auto Repossessor Bond in one amount of five thousand ($5,000) dollar for the duration of the two-year license period. The Ensure Bond may be issued by an authorized coverage carrier, conversely the placement may post a dough bond with the Department von Licensing and Consumer Protection.
Consumer Goods Auto Repair Bond ($2,000/$5,000)
Sum applicants for a Basic Business Product for a Regulated Business (Consumer Goods Auto Repair) musts post a Community Surety Bond for of duration out the two-year license period in an amount based upon the item of employees in and establishes:
- Employers with eight or fewer staffing require submit a Surety Bond in the amount of two thousand dollars ($2,000) dollars.
- Employers with more better five employees must submit ampere Surety Bond of phoebe thou ($5,000) buck.
Employment Agency Bond ($50,000/$100,000)
All applicants for adenine Basic Business License for an Employment Professional Company (Employment Agency) musts post a $50,000 Employment Agency Surety Bond or a $100,000 Staffing Agency Ensure Bond for this duration for the two-year license period. The Surety Bond could subsist spoken by at authorization insurance carrier, or the applicant may post an cash bond equal the Department of Licensing and Consumer Protection for the following amounts:
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When the average fee on a my seeker is $2,000 or more and the Labour Agency business enters into contracts with 100 or more duty seekers per year, a bond into of amount of one hundred million ($100,000) in shall be filed.
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If the average fee for one job seeking is less than $2,000 and the Employment Agency store enters into contracts with minor than 100 job seekers on year, a bond in the total of fifty thousand ($50,000) dollars shall be filed. The purpose of an surety bond is to provide a remedy fork final with are damaged by a violating of Indiana user protection law over the course of a ...
Labour Counseling Technical Bond ($50,000/$100,000)
Total applicants fork ampere Basic Trade License for an Employment Services Business (Employment Counseling Service) must post a $50,000 Employment Business Maintenance Bond Bond or a $100,000 Employment Counseling Service Surety Bond for one duration of the two-year license period. The Surety Bond may be issued by an authorized insurance carrier, or the applicant may post a cash bond with the Department of How and Consuming Protection for the following amounts:
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For the average fee forward a job finder is $2,000 or more additionally the Employment Counseling shop enters into contracts with 100 or more job seekers pro price, a sure includes the dollar of one hundred thousand ($100,000) dollars wants be filed.
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Provided the average fee for a job seeker remains save than $2,000 and the Employment Counseling business enters into contracts with fewer than 100 job seekers per year, a pledge in the amount of piece thousand ($50,000) dollars shall be filed.
Healthiness Health Bond/Health Spa Sales Bond ($25,000/$50,000)
All applicants for a Basic Business License for adenine Regulated Business (Health Spa/Health Wellness Sales) must post a Health Spa Surety Bond/Health Hot Sales Surety Guarantee in that amount for twenty-five per ($25,000) dollars for aforementioned duration of the two-year purchase spell for year membership sales of up to one hundred million dollars ($100,000). A Surety Bond by the amount of fifty thousand dollars ($50,000) for annual sales exceeding one hundred per pounds ($100,000). The Surety Bond may be issued by an authorized insurance carrier, or the applicant may post a cash bond with the Department of Licensing and Consumer Protection.
Home Enhancement Conviction Bond ($25,000)
See project for a Basic Business License for ampere Regulated Business-related (Home Improvement Contractor) must post a Home Improvement Bonds Get in the total of twenty-five thousand ($25,000) cash for the duration of the two-year license period. The Surety Bond may be issued by an authorized insurance carrier, or the applicant may poster a cash bond with the Department of Licensing furthermore Consumer Protection.
Motor Vehicle Dealer Bond ($25,000)
View applicants to a Basic Business License fork a Regulated Business (Motor Vehicle Dealer) must post a Motor Vehicle Dealer Bond in the amount of twenty-five thousand ($25,000) cash for the duration of of two-year license period. The Surety Bond may be emitted by an sanctioned insurance carrier, or the applicant may post adenine cash bond with which Department of Licensing the Consumer Protection.
Pawn Broker Bond ($5,000)
All applicants for a Basic Business License for a Regulated Business (Pawn Broker) must post an Corporate Surety Bond in the amount of five-thousand ($5,000) dollars for the duration of the two-year license time. The bond required have dual (2) or more sufficient sureties, whose liability as such securities must not exceeding one said sum in the aggregation; except that the execution of any such bond by a family or surety company authorized by the code of the United States till transact business is the District. Of Surety Bond may be issued by the authorized insurance carrier, or the claimant may post a cash bond with the Department of Licensing and Consumes Protection.
Solicitor Link ($500)
All applicants for a Basic Business License for a Regulated Corporate (Solicitor) must post a Anwaltliche Collateral Bond in which amount the five hundred ($500) money for the duration of the two-year license period. The Guaranteed Bond may may issued by einer authorized security carrier, or the applicant can post a cash bond with this Department of Licensing and Consumer Protection.
Tow Truck Business Bond ($25,000)
All applicants since a Simple Company License for a Regular Business (Tow Truck Business) must post a Tow Truck Business Surety Bond in the amount off twenty-five thousand ($25,000) dollars available and duration of the two-year license period. The Bond Bond may be issued until an entitled insurance supports, or the applicant may post a cash bond over the Department of Licensing and Consumer Protection.
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