Surety Bond Education

Category: How to Get A Surety Bond

Surety Bond Education

Over Axle and Over Gross Weight Tolerance Permit Bond

Over Axle and Over Gross Weight Tolerance Permit Bond

In order to obtain an annual Over Gross Axle and Over Gross Weight Tolerance Permit in Texas you must first obtain a permit bond.  In this quick article we will tell you what this permit bond is, how to obtain the bond and how much it costs. What Is An Over Axle and Over Gross Weight Tolerance Permit Bond? This permit bond guarantees to the Texas Department of Transportation that you will pay for any damage that you cause to the highways on which you travel.  This bond covers an annual period but can also cover up to two or […]
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Motor Fuel Tax Bond

Motor Fuel Tax Bond

In many states there is a requirement that the suppliers or permissive suppliers of motor fuels must collect taxes.  In the state of Texas, the Comptroller of Public Accounts requires that the suppliers, permission suppliers, distributors, exporters, importers and blenders of fuel to collect and remit tax.  Sometimes a surety bond or other security must be provided.  The bond guarantees the payment of all tax liability, penalties, interest and other costs. How Do I Obtain A Motor Fuel Tax Bond? The requirements for a Motor Fuel Tax Bond vary from state to state.  However, it is common for the following […]
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Texas Notary Bond

Texas Notary Bond

In order to become a Notary Public in the state of Texas you must provide a $10,000.00 Notary Bond. What Is The Purpose Of A Notary Bond? A Texas Notary Bond protects the public from a notary public that does not up perform their duties honestly and appropriately.  An individual harmed by a notary may file a claim on the $10,000 Texas Notary Bond to be made whole.  A Texas Notary Bond is effective for 4 years and follows the term of your notary commission. How Do I Obtain A Notary Bond? There are 3 easy steps to obtaining a […]
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Motor Vehicle Dealer Bond

Motor Vehicle Dealer Bond

Who Needs a Motor Vehicle Dealer Bond? In the state of Texas, anyone applying for a motor vehicle dealer license will first need to obtain a motor vehicle dealer bond.  If you are engaged in the business of buying or selling vehicles as a dealer you will need this bond. In the State of Texas, the amount of the bond is $25,000.  But the bond amount varies by state. What Does This Bond Guarantee? A Motor Vehicle Dealer Bond guarantees that you, as the dealer, will provide valid payment to anyone from whom you buy a vehicle. It also guarantees […]
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City of Austin Right of Way Bond

City of Austin Right of Way Bond

The City of Austin, Texas requires a $10,000 Right Of Way Bond in several different circumstances. This bond is associated with a Right Of Way Permit. Some of the instances when you need a Right of Way bond are when you need a Right of Way permit for the following: Temporary Use of Right of Way Driveway/Sidewalk Excavation We are a surety bond agency located in the Austin, Texas area. We can help you secure your City of Austin Right Of Way Bond. The process is simple and we can get you your bond as quickly as the next business […]
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City of Dallas Paving Bond

City of Dallas Paving Bond

What is a City of Dallas Paving Bond? This bond is required of any contractor performing paving work in the city limits, including driveway approaches, sidewalk, and curb & gutter. What protections does the City of Dallas Paving Bond offer? It offers financial security, protecting the City should a contractor not follow required specifications and ordnances and construct in a workmanlike manner, free from defects. It protects the City and holds it harmless against any persons or property that may have been injured in prosecuting the work. It supports maintenance of related construction for a period of five (5) years. […]
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