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HIGHWAY GRADING PERMIT PERMITTED: STATE ROUTE: SURETY BOND No.: COUNTY: KNOW ALL MEN BY THESE PRESENTS:LUTIONThat we, PRINCIPAL, (PERMITTED) and as SURETY, are held and firmly bound unto the DEPARTMENT
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How to fill out surety bond - tngov
How to fill out surety bond - tngov
01
To fill out a surety bond in Tennessee, you need to follow these steps:
02
Obtain the necessary surety bond form from the Tennessee Department of Commerce and Insurance.
03
Read and understand the instructions provided with the form.
04
Provide all the required information in the form, such as the bond amount, your personal details, and any supporting documentation.
05
Ensure the form is signed and dated by both the principal (the party obtaining the bond) and the surety company.
06
Submit the completed form along with any required fees to the appropriate address mentioned in the instructions.
07
Keep a copy of the filled-out form and any other supporting documents for your records.
08
Wait for the Tennessee Department of Commerce and Insurance to review and approve your surety bond application.
09
Once approved, you will receive the official surety bond document, which you may need to provide to the relevant parties as proof of bonding.
10
It is recommended to consult with a professional or contact the Tennessee Department of Commerce and Insurance directly for specific guidance related to your surety bond application.
Who needs surety bond - tngov?
01
Various entities in Tennessee might need a surety bond, including:
02
- Contractors and construction professionals who are required to be bonded as per state laws and regulations.
03
- Vehicle dealerships and motor vehicle title agents, as part of their licensing requirements.
04
- Public officials and employees who handle or have access to public funds or assets.
05
- Individuals or businesses involved in certain financial services, such as money transmission or mortgage lending.
06
- Notaries and notary signing agents, who may need a bond to protect against errors or misconduct in their notarization services.
07
This is not an exhaustive list, and the specific requirements for surety bonds may vary depending on the type of bond and industry. It is advisable to consult the Tennessee Department of Commerce and Insurance or seek legal advice to determine whether you need a surety bond and the exact requirements applicable to your situation.
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