Surety Bond Details
Cost: Depends on applic...
Unemployment Fund Bond | ||
---|---|---|
Category: | License & Permit Bonds | |
Obligee: | Mississippi Department of Employment Security | |
Amount: | Varies | |
Duration: | Stated on Bond | |
Expiration: | Stated on Bond |
A Mississippi Unemployment Reserve Fund Surety Bond is required by the state of Mississippi because the principal has elected to discharge its monetary obligations incurred under the Mississippi Unemployment Insurance Law by means of reimbursement financing. The principal is required by Mississippi Statutes to file a surety bond with the Mississippi Department of Employment Security to guarantee the payment of required reimbursements, together with any interest and any late filing fees.
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