Tennessee Collection Service License Bond

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Collection Agency Bond
License & Permit Bonds
Varies
Tennessee Collection Service License Bond The Collection Service Surety Bond is required by the state of Tennessee Collection Service Board. This Bond is required of principals that have applied for a license to operate a collection service in the state of Tennessee. Therefore, the principal is required to 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 ensure the principal will comply 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).
SORPid: A-357

Collection Agency Bond

Bond Details

State: Tennessee
Category: Collection Agency...
Obligee: Tennessee Departm...
Amount: Varies

Cost: $125

Collection Agency Bond
Cost:
$125
State:
Tennessee
Category:
License & Permit Bonds
Obligee:
Tennessee Department of Commerce and Insurance
Amount:
Varies
Duration:
Expiration:
scottsig
Collection Agency Bond

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How do I get a Tennessee Collection Service License Bond?

The application process for a Tennessee Collection Service License Bond is quick and easy, usually only taking about five minutes from start to bond download (most instant issue bonds). Simply click the Buy Now button below, complete the few questions for the bond application, pay, then print your Bond (preferably in color). By posting a surety bond, principals pledge to comply with the conditions of any written contract or applicable law.