Different Phoenix License Bond Requirements in Arizona

June 28, 2017 by · Leave a Comment 

Taking care of a Phoenix license bond is an important step businesses can’t afford to miss. Jurisco understands when clients in Phoenix need to secure a license bond in order to satisfy a state or local ordinance. Have questions about license bonds in Phoenix? You’ve come to the right place.

Which surety bonds are license bonds?

Surety bonds are used by cities, courts, and private citizens to cover a variety of actions. There are court bonds, probate bonds, and license and permit bonds. License bonds apply to business actions including being a mortgage broker, health club owner, and working as a travel agent.

Aerial of Phoenix, Arizona downtown at night. While it may appear that the surety bond is only a measure to protect the public, they can also protect the business, too. A mortgage broker accused of misuse of funds has the protection of the surety bond to fall back on. This doesn’t take away the hassle of having to prove that funds were not mishandled, but every little bit helps.  

Are there penalties for not securing a surety bond?

Yes, if a business does not meet Arizona license bond requirements they can face closure as well as a fine. Whereas a court bond requirement has the ability to be waived by a judge, there are no loopholes to get out of needing a Phoenix license bond.

The fastest and easiest way to take care of a Phoenix license bond is to work with Jurisco. Arizona surety bond experts are on-hand to quickly secure a license bond. With a trusted surety bond provider there is no risk of failing state requirements.

Have questions about a Phoenix license bond? Let us help. The lawyer-trained staff at Jurisco are here to help clients understand their license bond requirements. Contact Jurisco anytime you need help with a surety bond.

Sabbatical Leave Bond in California

March 12, 2015 by · Leave a Comment 

Sabbatical Leave Bond in California

What is better than a vacation?  How about a paid vacation?  Well,  what about an extended paid vacation where you retain job security while you are far afield?  This is called a sabbatical and they are offered by many companies and institutions as an incentive to retain employees.  They are prevalent for educational and non profit institutions where such benefits help compensate for salaries that are below private sector.  Forbes.com has a great article on sabbaticals:  http://www.forbes.com/2010/08/24/sabbatical-leave-work-leadership-careers-advice.html. But though many may be familiar with Sabbaticals, less know that within the California education system to qualify for a sabbatical the applicant must post a Sabbatical Leave Bond.      (As mandated by California Educational Code  Section 44969).

The bond in this case works as a Salary Bond and is a guarantee to the the employer that the employee requesting leave will return to work and fulfill their work obligation . . . generally 1-2 years.  With the Bond reimbursing the institution for salary paid out during leave if the employee does not meet their work agreement after returning from leave.  Unlike most surety bonds, the Sabbatical leave bond is not filed with the court or the secretary of state, rather this bond is filed with the institution that is granting the leave.  (And the office responsible for granting leave differs from school to school)  The bond amount for a Sabbatical Leave bond is generally for the salary for the employee will receive for the duration of their leave.

Applicants will need to provide several pieces of information to the surety agency issuing the bond.  For rates, more information and an application please contact the Surety Bond Experts at Jurisco and one of their staff will answer all your queries.

License Bond California

August 19, 2014 by · Leave a Comment 

License Bond CaliforniaLoyal followers of the Jurisco Surety Blog will know that, to operate certain businesses in the State of California, business owners must acquire a license bond to qualify for a license.  An article by Matthew Yglesias on Slate.com brought the onus the various licensing boards put on business owners brought the subject of license bonds in to some relief.  (See link:  for the full article).Though it can seem like acquiring a bond to gain a business license is an undue burden, the requirements are actually in place to protect consumers and employees.

Take for example California Senate Bill 662, which amended provisions (and repealed others) to the Business and Professions Code, relating to structural pest control operators.  (See link for more info:  http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140SB662) The bond text outlines the changes in regards to the surety bond requirements:

Existing law requires structural pest control operators to maintain a surety bond in the amount of $4,000 in order to maintain its license or company registration. If a structural pest control operator’s license or company registration is suspended or revoked, on specified grounds, the registrar of the board shall require the applicant, licensee, or registered company, as a condition of the issuance, reissuance, or restoration of the license or company registration, to file a surety bond in a sum to be determined by the registrar based upon the seriousness of the violation, but not less than $1,000 nor more than $8,000.This bill would raise the amount of the surety bond, needed to maintain the license or company registration, from $4,000 to $12,500, and would raise the upper limits of the amount of the surety bond required for an issuance, reissuance, or restoration of the license or company registration, after a suspension or revocation, from $8,000 to $25,000.

The bond in this case is there to protect consumers from harmful activity by the pest control operators.  Those being forced to obtain the bond may gripe about the extra hoops they must jump through, but those being protected by the extra layer of insurance and security should feel good that there are protections in place with their interest in mind. Many other businesses in California also require a surety bond to obtain a license.  These include:

  • Travel Agents,
  • Gyms/Health Clubs/Fitness Studios
  • Yacht Brokers
  • Auto Dealers
  • Mobile Home Dealers

If you ever learn that you must obtain a surety license bond to operate a business in the State of California, or elsewhere across America; don’t be overwhelmed.  The experts at Jurisco are available to answer your questions and to help you along the path to operating your successful business.

California Immigration Consultant Bond

July 11, 2014 by · Leave a Comment 

California Immigration Consultant BondImmigration is one of the biggest issues facing California and the nation right now. Turn on the television or open up any  newspaper (online in this case) and you will find a story on immigration.  A recent article on WashingtonPost.com by William Harless is just one of hundreds of examples.  (see full article here).  What is rarely reported, however, are the growing number of professions that serve the immigrant community.  One of these professions, The California Immigration Consultant, offers a valuable service by, among other things, helping immigrant families obtain and file necessary forms, and notifying them when they are in need of legal assistance.   To ensure that only strong applicants enter this profession, the California secretary of state requires that applications obtain a California Immigration Consultant Bond before they are issued a license.

According to Immigration Nation US,  Immigration Consultants, “have the knowledge of process and procedures for filing certain immigration documents and is also knowing of available resources for cases that are beyond the capabilities of an immigration consultant. The bulk of work lies in preparing documents, document packages and filings for clients with various and specific immigration needs”      More information can also be found at their website.

Pursuant to the new provisions of California Business and Professions Code section 22443.1, however, the bond requirement has doubled and all applicants and renewal’s will have to obtain an $100,000 Immigration Consultant Bond.  For more information on the requirements see the California’s Secretary of State website:  http://www.sos.ca.gov/business/sf/imm-consultant-qualifications.htm

Despite the increase in bond amount,  the profession remains in high demand.  California has an immigrant population (naturalized and other) of over 10 million and many of these people need expert help so they legally proceed with the immigration process.

If you wish to receive more information on the California Immigration Consultant Bond or have general questions about the bonding process, please contact one of the Surety Bond Experts at Jurisco.  A friendly member of their staff will be there to answer all of your queries.

California License bond and Car Wash Bond

April 7, 2014 by · Leave a Comment 

California License bond and Car Wash BondAs an attorney, have you ever had a client who was looking to start a new business ask you about a License Bond?  As a potential small business owner have you ever had to procure a license bond and not known what in the world that would entail?

The bond experts at Jurisco will try to answer all of these questions.  First of all, a license bond (also known as a business bond or permit bonds) is an integral part of regulated state commerce.  And, in most cases, the license bond (or business bond) is used as a consumer protection mechanism; for instance that products for sale will be not be misrepresented or that prepaid fees will be guaranteed.  In  California, for example, in California operators of a Dance Studio must post (up to) a $25,000 surety license bond with the secretary of state’s office.   This precautionary business bond protects consumers and safeguards their prepaid fees.  (See link for a list of business bonds on the California Secretary of State website:  SoS license bond list)

The Jurisco bond article team would also be remiss if they explain that requirements often change for license bonding.  As this type of surety bond is a precautionary safeguard,  the scope of damages they are protecting against may change over time.  This is best evidenced by a statutory recently enacted by the California Assembly.  The bill, which went into effect on New Year’s Day,  increases the bond amount for acquiring car wash license from $15,000 to $150,000.  Its true.   In this case the bond isn’t protecting consumers but employees.  Amended text of the bill states that the bond requirements are “for the benefit of the state to compensate employees damaged by the employer’s nonpayment of wages”.  (See link for full bond text and more information:  CA AB 1387)  Since this bond is used to protect employees it would be posted with the Department of Industrial Relations. (see link for more information: Car Wash Bond )

This can, of course, be confusing.  The surety bond experts at Jurisco understand this and are happy to assist you with any of your license bond or business bond inquiries.  Contact one of their knowledgeable professionals today.

 
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