Obligee: Tennessee State Department of Financial Institutions Surety Bonds

Tennessee Title Pledge Lender The Title Pledge Lender Surety Bond is required by the state of Tennessee Department of Financial Institutions. This Bond indicates the principal has applied for a license as a Title Pledge Lender in the state of Tennessee. Therefore the principal and all the principal’s employees agree to comply faithfully and fully with all obligations expected of them through the permit including paying back any monies back to the Commissioner that may become due. The principal and the principal’s employees must also comply with all local and state laws.

Tennessee Money Transmitter Bond The Money Transmitter Surety Bond is required by the state of Tennessee Department of Financial Institutions. This Bond indicates the applicant has applied for a license as a Money Transmitter. Through application, the principal agrees to meet and maintain all requirements of the Department of Financial Institutions to establish financial responsibility. The applicant also agrees to pay the state all monies for which it is not entitled as well as full compliance with all local and state laws.

Tennessee Mortgage Broker, Lender or Servicer The Mortgage Broker, Lender or Servicer Surety Bond is required by the state of Tennessee Department of Financial Institutions. This Bond indicates the principal has applied for a license to do business from the Commissioner of the Department of Financial Institutions. Therefore the principal and all the principals? agents are required to comply with all rules and regulations of that permit and to pay any monies to the Commissioner of the Department of Financial Institutions that may become due. The principal and his agents are also expected to comply with all local and state laws.