List Of Bond Requirements & Cost

Discussion in 'Credit Talk' started by Butch, Jul 31, 2002.

  1. Butch

    Butch Well-Known Member

    Bonds Info Sheet
    State Bond Amount Cornerstone Fee
    Alaska $5,000.00 $100.00
    Arizona $35,000.00 $225.00
    Arkansas $25,000.00 $175.00
    Colorado $12,000.00 $158.00
    Connecticut $5,000.00 $100.00
    Florida NA
    Hawaii $25,000.00 $175.00
    Idaho* $15,000.00 $125.00
    Illinois $25,000.00 $175.00
    Indiana $5,000.00 $100.00
    Louisiana $10,000.00 $100.00
    Maine $20,000.00 $150.00
    Maryland $5,000.00 $100.00
    Massachusetts $10,000.00 $100.00
    Michigan $5,000.00 $100.00
    Minnesota $20,000.00 $150.00
    Nebraska $15,000.00 $125.00
    Nevada $25,000.00 $175.00
    New Jersey $5,000.00 $100.00
    New Mexico $5,000.00 $100.00
    City of Buffalo, NY $5,000.00 $100.00
    North Carolina $5,000.00 $100.00
    North Dakota $20,000.00 $150.00
    Oregon $10,000.00 $100.00
    Tennessee $25,000.00 $175.00
    Texas $10,000.00 $150.00
    Utah $10,000.00 $150.00
    Washington $5,000.00 $100.00
    West Virginia $5,000.00 $100.00
    Wisconsin $35,000.00 $225.00
    Wyoming $10,000.00 $100.00

    TOTAL $412,000.00 $3,933.00

    * Idaho will accept a copy of another state's bond
    Better version here: http://www.cornerstonesupport.com/bond.shtml
     
  2. Butch

    Butch Well-Known Member

    The above site has a few interesting things on it.

    State licensing can be a complicated administrative ordeal, in that the information and documentation sought may vary considerably state to state. Cornerstone was established to support collection agencies with their licensing needs by monitoring the state regulations concerning licensing, gathering the information sought by the states and submitting such information to the state in an organized complete package.
     

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