Class: License & Permit Bonds

Tennessee Textbook and Instructional Materials Publishers Bond (60 Months)

The State Textbook and Instructional Materials Quality Commission is responsible for recommending an official list of textbooks and instructional materials to the Tennessee State Board of Education (SBE) for approval. Once the SBE has approved a list of textbooks and instructional materials, it is the responsibility of local boards of education to decide which textbooks and instructional materials to use in their districts. The department administers and coordinates the bidding, reviewing, listing, adoption and approval process for textbooks and instructional materials used by Tennessee schools. The department also implements the rules, policies and procedures established by the Tennessee Textbook and Instructional Materials Quality Commission regarding textbooks and instructional materials. Textbook and instructional materials shall be defined as any medium or manual of instruction which contains a systematic presentation of the principles of a subject and which constitutes a major instructional vehicle for that subject. Publishers shall file with the textbook contract a good and sufficient bond with a surety company authorized to do business in this state in the sum of $10,000 and conditioned upon the faithful performance of all conditions of the contract and TCA Title 49, Chapter 6, Part 22.

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Georgia Athlete Agent Bond ($10,000)

Georgia Athlete Agent Bond ($10,000) A Georgia Athlete Agent Bond is required by The Georgia Athletic And Entertainment Regulatory Commission to comply with the state licensing requirements before they are eligible to contact an athlete. Each state has drafted its own Athlete Agent Bond Form, so individuals will need a different bond for each state they transact business in. The surety bond guarantees that the agent will perform their responsibilities according to the contract entered into with the athlete, as well as not take any more funds than the agreed-upon commission percentage. The bond will run concurrently with the registration period and must be renewed annually by June 30 of odd years.

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Florida Para-Mutual Wagering Bond ($50,000)

Florida Para-Mutual Wagering Bond ($50,000) Parimutuel betting differs from fixed-odds betting in that the final payout is not determined until the pool is closed � in fixed odds betting, the payout is agreed at the time the bet is sold. Parimutuel gambling is frequently state-regulated, and offered in many places where gambling is otherwise illegal. Parimutuel gambling is often also offered at “off track” facilities, where players may bet on the events without actually being present to observe them in person.

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Tennessee Collection Service License Bond

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).

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Tennessee Textbook and Instructional Materials Publishers Bond

The State Textbook and Instructional Materials Quality Commission is responsible for recommending an official list of textbooks and instructional materials to the Tennessee State Board of Education (SBE) for approval. Once the SBE has approved a list of textbooks and instructional materials, it is the responsibility of local boards of education to decide which textbooks and instructional materials to use in their districts. The department administers and coordinates the bidding, reviewing, listing, adoption and approval process for textbooks and instructional materials used by Tennessee schools. The department also implements the rules, policies and procedures established by the Tennessee Textbook and Instructional Materials Quality Commission regarding textbooks and instructional materials. Textbook and instructional materials shall be defined as any medium or manual of instruction which contains a systematic presentation of the principles of a subject and which constitutes a major instructional vehicle for that subject. Publishers shall file with the textbook contract a good and sufficient bond with a surety company authorized to do business in this state in the sum of $10,000 and conditioned upon the faithful performance of all conditions of the contract and TCA Title 49, Chapter 6, Part 22.

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Tennessee Telecommunications Service Provider ($20,000)

Tennessee Telecommunications Service Provider ($20,000) The Telecommunications Service Provider Surety Bond is required by the state of Tennessee Regulatory Authority. The Bond amount (Penalty) required is $20,000. This Bond is required of principals that have applied to the TRA to provide telecommunications service to the state of Tennessee. The principal must adhere to all the rules and regulations imposed by the by the Tennessee Regulatory Authority including but not limited to all local and state laws.

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Tennessee Public Adjuster Bond ($50,000)

Tennessee Public Adjuster Bond ($50,000) The Public Adjuster Surety Bond is required by the state of Tennessee Commissioner of the Department of Commerce and Insurance. The Bond amount (Penalty) required is $50,000. This Bond ensures the principal faithfully and promptly handles all monies and accounts under all Tennessee Insurance code and regulations. It guarantees that the license (Principal) will faithfully comply with the law.

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Tennessee Postsecondary Educational Institutions (In-State $ 10,000)

Tennessee PostSecondary Educational Institutions ( In State $10,000) The Postsecondary Educational Institutions Surety Bond is required by the state of Tennessee Higher Education Commission. The minimum requirement for this Bond is $10,000. This Bond indicates the principal has a certificate to operate a postsecondary education institution. Therefore the principal accepts all liabilities and responsibilities henceforth from the Tennessee Higher Education Commission. This Bond also indemnifies any student or enrollee from suffering damages of any kind do to any violation of code. It guarantee?s the principal will comply with all local and state laws.

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Tennessee Postsecondary Educational Institutions (Out of State $20,000)

Tennessee Postsecondary Educational Institutions ($20,000) The Postsecondary Educational Institutions Surety Bond is required by the state of Tennessee Higher Education Commission. The minimum requirement for this Bond is $20,000. This Bond indicates the principal has a certificate to operate a postsecondary education institution. Therefore the principal accepts all liabilities and responsibilities henceforth from the Tennessee Higher Education Commission. This Bond also indemnifies any student or enrollee from suffering damages of any kind do to any violation of code. It guarantee?s the principal will comply with all local and state laws.

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