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How to get a Financially Responsible Officer Bond DBL ...

    https://dblsuretybonds.com/how-to-get-a-financially-responsible-officer-bond/
    A Financially Responsible Officer Bond costs about $900 annually for well qualified applicants. This represents a drastic reduction in price from 2014 when the same $100,000 surety bond cost in between $2,000 and $3,000. DBL Surety has access to the most competitive pricing in the industry and can bond individuals with credit scores down to 550. Who needs a Financially Responsible Officer Surety Bond?

Bonding Requirements U.S. Department of Labor

    https://www.dol.gov/agencies/olms/compliance-assistance/tip/bonding-requirements
    The required bonds are a type of insurance agreement which guarantees reimbursement to the union for any financial losses caused by fraudulent or dishonest acts by officers or employees, such as theft, embezzlement, or forgery. The bonding requirements are not based on the idea that particular individuals or organizations are inherently dishonest.

Personal Liability of Corporate Officer and Limited ...

    https://www.nd.gov/tax/data/upfiles/media/personalliabilityofcorporateofficers.pdf
    be a cash deposit or surety bond in an amount equal to the estimated annual assessment liability of the corporation or limited liability company. The bond is a guarantee of payment for the provider assessment imposed by North Dakota Century Code ch. 57-63. The corporate offi cer(s) or LLC governor/manager remains liable for

19 CFR § 113.33 - Corporations as principals. CFR US ...

    https://www.law.cornell.edu/cfr/text/19/113.33
    (c) Bond executed by an officer of corporation. When a bond is executed by an officer of a corporation, a power of attorney will not be required if the person signing the bond on behalf of the corporation is known to the Revenue Division, port director, or drawback office to be the president, vice president, treasurer, or secretary of the corporation. The officer's signature is prima facie evidence of that officer's authority to bind the corporation.

19 CFR § 113.37 - Corporate sureties. CFR US Law LII ...

    https://www.law.cornell.edu/cfr/text/19/113.37
    A bond executed by a corporate surety must be signed by an authorized officer or attorney of the corporation and the corporate seal must be affixed immediately adjoining the signature of the person executing the bond, as provided for in § 113.25 . (f) Two or more corporate sureties as sureties on the same obligation.

Elements to a Bond Form Blog Surety Bond Authority

    https://suretybondauthority.com/elements-bond-form/
    The name and title of the person should be typed under the signature line. Some Obligees require that a corporate officer sign the bond form. Typically the corporate president signs and the corporate secretary will attest the president’s signature. Surety Name: The legal name of the Surety should be typed above the signature line.

Who Is Considered a Corporate Officer?

    http://news.blueridgeesop.com/blog/who-is-considered-a-corporate-officer
    The Definition of Corporate Officer The term officer means “an administrative executive who is in regular and continued service” as defined in Treas. Reg. §1.416-1, T-13. An employee’s status as an officer shall be determined upon all facts including “the source of his authority, the term for which elected or appointed, and the nature ...

Corporate Officer definition - Law Insider

    https://www.lawinsider.com/dictionary/corporate-officer
    Corporate Officer means the chairperson of the board, president, vice-president, secretary, or treasurer who is an owner of at least ten percent of the stock of the corporation and who controls, supervises, or manages the business affairs of the corporation, as attested to by the secretary of the corporation at the time of the election.

Directors and Officers Liability Insurance: Overview

    https://www.investopedia.com/terms/d/directors-and-officers-liability-insurance.asp
    Nov 07, 2019 · Directors and officers liability insurance is akin to corporate governance, corporate law, and the fiduciary duty owed to stakeholders, such as shareholders and beneficiaries.

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