Tennessee Collection Service License Bond

Collection Agency Bond
License & Permit Bonds
Price: $125
Tennessee Collection Service License Bond
The process of applying for a Tennessee Collection Service License Bond Surety Bond is a quick and straightforward process, typically taking only about five minutes from start to finish.


To purchase your Tennessee Collection Service License Bond simply click on the "Buy Now" button. You will then be guided through a brief set of questions. After which you'll pay online and sign using DocuSign. Your new surety bond will be signed and sealed as a full-color PDF document for printing.

Securing a Tennessee Collection Service License Bond surety bond is a commitment by principals to adhere to the stipulations of contractual and legal obligations.

Note: If the bond requires underwriting, it may take up to 24 hours.

Collection Agency Bond

The State of Tennessee
Collection Agency Bond

Surety Bond Details

State: Tennessee
Category: Collection Agency Bond
Class: License & Permit Bonds
Obligee: Tennessee Department ...
Amount: Varies

Cost: $125

The State of Tennessee
Collection Agency Bond
State:
Tennessee
Category:
License & Permit Bonds
Obligee:
Tennessee Department of Commerce and Insurance
Amount:
Varies
Duration:
Expiration:
 
SORPid: A-357

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Tennessee Collection Service License Bond Details

Tennessee Collection Service License Bond, The Collection Service Surety Bond, is required by the state of Tennessee Collection Service Board. This Bond requires principals that have applied for a license to operate a collection service in Tennessee. Therefore, the principal must adhere to all rules and regulations of said permit and agrees to faithfully keep true accounting records of all clients under Tennessee Code. This Bond also ensures the principal complies with all local and state laws. The surety bonds penalty is directly related to the number of employees a. $15,000 (1- 4 employees); b. $20,000 (5-9 employees); c. $25,000 (10 or more employees).

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