Obligee: Tennessee Department of Commerce and Insurance Surety Bonds

A Tennessee Manufactured Homes Dealer Bond is a crucial financial guarantee required by the Tennessee Motor Vehicle Commission for all businesses engaged in selling or dealing in manufactured homes within the state. This surety bond ensures that dealers adhere to the state regulations and statutes, providing protection to both consumers and the state from fraudulent practices and financial losses. The bond serves as a pledge to conduct business ethically, and its presence is a testament to the dealer’s credibility and reliability. For dealers, securing this bond is not only a legal requirement but also a strategic move to build trust with customers and enhance their business reputation. Understanding the specifics of the Tennessee Manufactured Homes Dealer Bond, including bond amounts, terms, and how to apply, is essential for compliance and successful operation in the manufactured homes industry in Tennessee.

Surety Bond

Tennessee Manufacturer of Manufactured Homes ($50,000) In the State of Tennessee a Surety Bond is required for any person(s) operating a business as a Manufacturer of Manufactured Homes. This Bond guarantees that the applicant (Principal) will faithfully perform their duties in accordance with the laws of the State of Tennessee.

The Tennessee Beauty Pageant Operator Bond serves as a form of financial protection for participants and their families, ensuring that they are not taken advantage of or subjected to any fraudulent activities. It is a guarantee that the pageant operator will adhere to all the rules and regulations set forth by the state and will fulfill their obligations in organizing a fair and honest competition.

Tennessee Title Insurance Producer’s Bond The Title Insurance Producer’s Surety Bond is required by the state of Tennessee Commissioner of the Department of Commerce and Insurance. This Bond indicates the principal has applied for a license to do business in the state of Tennessee as a Title Insurance Agent. Therefore the principal must account for all money transactions including but not limited to those who are entitled to that money. The principal must adhere to all laws governing insurance including Tennessee Code Title 56, Chapter 35. This Bond also ensures the principal will comply with local and state laws.

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.

Tennessee Modular Building Units Manufacturer ($10,000) In the State of Tennessee a Surety Bond is required by any person(s) operating a business as a Manufacturer of Modular Building Units. This Bond guarantees that the applicant (Principal) has been licensed by the Tennessee Department of Commerce and Insurance and as such will faithfully perform all duties in accordance with the law.

Tennessee Manufactured Home Stabilization System Installers Bond ($10,000) The Manufactured Home Stabilizing System Installer’s Surety Bond is required by the state of Tennessee Commissioner of the Department of Commerce and Insurance. The Bond amount(Penalty) required is $10,000. This Bond indicates the principal has applied for written approval from the State Fire Marshall to install Manufactured Home Stabilizing Systems. Once written approval has been granted the principal and all of the principal?s employees must comply with all rules and regulations of the Tennessee Manufactured Home Anchoring Act. The principal will also be expected to comply with all local and state laws.