DETERMINING YOUR MISSISSIPPI BOND TYPE
Looking for fast and easy bonding solutions in Mississippi? American Surety Bonds offers a wide range of Mississippi surety bonds that can help you meet your bonding requirements quickly and efficiently. Our bonding experts will guide you through the entire process, making sure you get the right bond for your needs. From construction bonds to license and permit bonds, we have you covered. With our streamlined application process and competitive rates, getting bonded in Mississippi has never been easier. Contact us today to learn more about our Mississippi surety bonds and how we can help you secure the bonding you need.
An Administrator Bond is a type of surety bond required for individuals appointed as administrators of estates. It guarantees that the administrator will perform their duties in accordance with state laws and regulations, faithfully manage the assets of the estate, and pay any debts or taxes owed by the estate.
An Airline Reporting Corporation (ARC) Bond is a type of surety bond required by the Airlines Reporting Corporation for travel agencies that wish to issue airline tickets on behalf of airlines. It guarantees that the agency will adhere to ARC’s rules and regulations, accurately report and pay for all tickets issued, and protect the interests of the airlines.
An Appeal/Supersedeas Bond is a type of surety bond that allows a judgment debtor to stay enforcement of a judgment while an appeal is pending. It guarantees payment of the judgment and associated costs if the appeal is unsuccessful. The bond protects the judgment creditor and ensures that they are not left empty-handed if the appeal fails.
A Mississippi Appraisal Management Company Bond is a type of surety bond required by the Mississippi Real Estate Appraiser Licensing & Certification Board. It ensures that the appraisal management company adheres to all state regulations and safeguards the interests of clients and appraisers. The bond provides financial protection in case of any misconduct, negligence, or violation of professional standards.
A Mississippi Auctioneer or Firm License Bond is a surety bond required by the Mississippi Auctioneer Commission. It guarantees that licensed auctioneers or auction firms comply with all applicable laws and regulations. The bond serves as financial protection for clients and provides recourse in case of fraudulent activities, misrepresentation, or breaches of contract.
Automobile Club Bond
A Mississippi Automobile Club Bond is a type of surety bond required by the Mississippi Insurance Department. It ensures that automobile clubs operating in the state fulfill their obligations and responsibilities to their members. The bond provides financial protection for members against any fraudulent or unethical practices by the club.
A Bid Bond is a type of surety bond that guarantees that a bidder will enter into a contract if they are awarded the bid. It provides financial protection to the project owner if the bidder fails to honor their bid or withdraws from the bidding process. The bond ensures that the owner will be compensated for any costs associated with finding a replacement bidder.
A Mississippi Certificate of Title Bond is a surety bond required by the Mississippi Motor Vehicle Services. It guarantees the ownership of a vehicle when the original title is lost, stolen, or defective. The bond protects the interests of potential buyers and ensures compensation for any legitimate claims arising from ownership disputes or undisclosed liens.
Check Cashers Bond
A Mississippi Check Cashers Bond is a surety bond required by the Mississippi Department of Banking and Consumer Finance. It provides a financial guarantee that licensed check cashers will adhere to state regulations and handle transactions responsibly. The bond protects consumers from fraudulent activities, including check forgery, and provides recourse for any financial losses incurred.
A Conservator/Guardian of a Minor Bond is a type of surety bond required for individuals appointed as conservators or guardians of minors. It guarantees that the appointed person will manage the minor’s estate responsibly, comply with state laws and regulations, and act in the best interest of the minor. The bond protects the minor’s assets and interests.
A Conservator/Guardian of an Incapacitated Adult Bond is a type of surety bond required for individuals appointed as conservators or guardians of adults who are unable to manage their affairs due to incapacity. It guarantees that the appointed person will manage the adult’s estate responsibly, comply with state laws and regulations, and act in the best interest of the adult. The bond protects the adult’s assets and interests.
Consumer Loan Broker Bond
A Mississippi Consumer Loan Broker Bond is a surety bond required by the Mississippi Department of Banking and Consumer Finance. It ensures that licensed consumer loan brokers adhere to state laws and regulations while facilitating loans for clients. The bond provides financial protection for borrowers and serves as a safeguard against fraudulent practices or misconduct by the broker.
A Mississippi Contractor License & Permit Bond is a type of surety bond required for contractors to obtain a license or permit to operate in Mississippi. It guarantees that the contractor will comply with all state laws and regulations, pay subcontractors and suppliers, and complete the project according to the contract. The bond protects the state, project owner, and subcontractors.
Credit Availability Bond
The Mississippi Credit Availability Bond is a type of surety bond that is required under the Mississippi Credit Availability Act. This bond ensures compliance with the Act’s provisions by lenders and financial institutions. It provides financial protection to borrowers and serves as a safeguard against any violations or fraudulent practices related to credit availability within the state.
A Mississippi Debt Management Service Provider Bond is a surety bond required by the Mississippi Department of Banking and Consumer Finance. It guarantees that debt management service providers adhere to state laws and regulations while assisting individuals in managing their debts. The bond provides financial protection for clients and ensures compliance with ethical practices in the industry.
Designated Agent Bond
A Mississippi Designated Agent Bond is a surety bond required by the Mississippi Department of Revenue. It ensures that designated agents, who are authorized to process title and registration transactions on behalf of vehicle owners, fulfill their duties in accordance with state regulations. The bond provides financial protection for clients and serves as a safeguard against fraudulent or negligent actions by the agent.
Dishonesty/ Business Services Bond
A Dishonesty/Business Services Bond is a type of surety bond that protects businesses from financial losses resulting from fraudulent or dishonest acts committed by employees. The bond guarantees that the employer will be compensated for any losses resulting from employee theft or fraud. The bond provides financial security to businesses and protects against employee misconduct.
A DMEPOS Bond is a type of surety bond required for suppliers of durable medical equipment, prosthetics, orthotics, and supplies to Medicare beneficiaries. It guarantees that the supplier will comply with all Medicare rules and regulations, bill accurately, and repay any overpayments. The bond protects Medicare and ensures that suppliers follow all applicable laws and regulations.
A DOT Right-of-Way Bond is a type of surety bond required by the Department of Transportation (DOT) to provide financial security for the acquisition of property for public transportation projects. It guarantees that the acquiring agency will compensate property owners for any damages, including fair market value and relocation costs. The bond protects property owners from financial losses resulting from DOT acquisitions.
An Environmental Bond is a type of surety bond required for businesses engaged in environmentally sensitive operations, such as waste management, hazardous material handling, or pollution control. It guarantees that the business will comply with all applicable environmental laws and regulations, maintain and restore the environment, and pay for any damages resulting from environmental harm caused by their operations. The bond protects the public and the environment.
ERISA Bond
An ERISA Bond is a type of surety bond required for businesses that manage employee benefit plans regulated under the Employee Retirement Income Security Act (ERISA). It guarantees that the plan fiduciary will act in accordance with ERISA regulations, manage the plan in the best interest of its participants, and protect the plan’s assets from loss due to fraudulent or dishonest acts. The bond protects plan participants from financial loss resulting from fiduciary misconduct.
Factory-Built Homes Bond
A Mississippi Factory-Built Homes Bond is a surety bond required by the Mississippi State Fire Marshal’s Office. It guarantees that factory-built home manufacturers and dealers comply with state laws and regulations while constructing and selling these homes. The bond provides financial protection for consumers, ensuring compensation for any damages or breaches of contract by the manufacturer or dealer.
A Fast Track Bond is a generic term that refers to bid bonds, supply bonds, maintenance bonds and payment & performance bonds are underwritten using the Fast Track application process. The Fast Track application process is for bids and contracts under $250,000 and relies heavily on the owner’s personal credit history.
Gaming Establishment Bond
A Mississippi Gaming Establishment Bond is a surety bond required by the Mississippi Gaming Commission. It ensures that gaming establishments, such as casinos, adhere to the state’s gaming laws and regulations. The bond provides financial protection for patrons and ensures the payment of any potential fines, penalties, or damages resulting from violations or noncompliance by the establishment.
A Mississippi Landscape Horticulturist Bond is a surety bond required by the Mississippi Department of Agriculture and Commerce. It ensures that licensed landscape horticulturists adhere to state regulations and industry standards while providing their services. The bond provides financial protection for clients and serves as a recourse in case of negligent or improper work by the horticulturist.
A Mississippi License & Permit Bond is a type of surety bond required by the state of Mississippi for businesses and professionals to obtain various licenses and permits. This bond guarantees that the bonded party will comply with all relevant laws and regulations, and pay any fines or damages resulting from non-compliance.
A Lost Instrument Bond is a type of surety bond required to replace a financial instrument that has been lost, stolen, or destroyed. It guarantees that the bondholder will indemnify the issuer against any loss or damage resulting from the replacement of the lost instrument. The bond protects the issuer from financial loss.
A Mississippi Lottery Retailer Bond is a surety bond required by the Mississippi Lottery Corporation. It guarantees that licensed lottery retailers comply with the terms and conditions set forth by the lottery governing body. The bond provides financial protection for the lottery and ensures the retailer’s proper handling of lottery ticket sales and related transactions.
A Maintenance Bond is a type of surety bond that guarantees the quality of work performed by a contractor or builder. It ensures that the work will be free from defects for a specified period of time after completion, typically one or two years. If defects are discovered during this period, the bondholder can make a claim against the bond for the cost of repairs. The bond protects the owner from financial loss.
A Mississippi Money Transmitter Bond is a surety bond required by the Mississippi Department of Banking and Consumer Finance. It ensures that licensed money transmitters comply with state regulations while facilitating money transfer services. The bond provides financial protection for customers and serves as a safeguard against any fraudulent or negligent actions by the money transmitter.
A Mississippi Mortgage Broker/Lender Bond is a surety bond required by the Mississippi Department of Banking and Consumer Finance. It ensures that licensed mortgage brokers and lenders adhere to state laws and regulations while providing mortgage-related services. The bond provides financial protection for borrowers and serves as a safeguard against fraudulent practices or misconduct in the mortgage industry.
A Mississippi Notary Bond is a surety bond required by the Mississippi Secretary of State for individuals seeking to become notaries public. It guarantees the faithful performance of notarial duties and adherence to state laws and regulations. The bond provides financial protection to the public in case of errors, omissions, or misconduct by the notary.
Oil & Gas Well Bond
A Mississippi Oil & Gas Well Bond is a surety bond required by the Mississippi Oil and Gas Board. It ensures that operators of oil and gas wells comply with state regulations and fulfill their financial obligations related to drilling and production activities. The bond provides financial protection for landowners, the environment, and the state in case of non-compliance or financial losses.
Pawnbroker Bond
A Mississippi Pawnbroker Bond is a surety bond required by the Mississippi Department of Banking and Consumer Finance. It ensures that licensed pawnbrokers adhere to state regulations while conducting their pawnbroker business. The bond provides financial protection for customers and serves as a safeguard against fraudulent or unethical practices by the pawnbroker.
A Payment and Performance Bond is a type of surety bond that guarantees a contractor’s ability to perform a construction contract and pay subcontractors, laborers, and suppliers. The bond is issued to the owner of the project and protects them in the event that the contractor fails to fulfill their obligations. If the contractor defaults, the bondholder can make a claim against the bond for the cost of completion or payment of subcontractors.
Petroleum Tax Bond
A Mississippi Petroleum Tax Bond is a surety bond required by the Mississippi Department of Revenue. It guarantees that petroleum distributors and retailers comply with state laws and regulations related to the payment of petroleum taxes. The bond provides financial protection to the state by ensuring the payment of required taxes and penalties by the bonded party.
A Probate Bond is a type of court bond that is required when someone is appointed as the executor or administrator of an estate. The bond ensures that the executor or administrator will manage the estate’s assets honestly and responsibly, pay all debts and taxes owed by the estate, and distribute the remaining assets to the heirs according to the terms of the will or the law. The bond protects the beneficiaries of the estate from any mismanagement or misconduct.
A Mississippi Proprietary School Bond is a surety bond required by the Mississippi Commission on Proprietary School and College Registration. It ensures that proprietary schools operating in the state uphold their obligations to students and adhere to state regulations. The bond provides financial protection to students in case of school closure, breach of contract, or financial mismanagement.
A Mississippi Public Adjuster Bond is a surety bond required by the Mississippi Insurance Department. It ensures that licensed public adjusters adhere to state laws and regulations while representing policyholders in insurance claims. The bond provides financial protection to clients, ensuring the proper handling of claims and the ethical conduct of the adjuster.
A Release of Lien Bond is a type of surety bond that guarantees payment of a mechanic’s lien. It allows a property owner to have a lien released from their property before payment is made, with the bond acting as a form of collateral in the event that the lien is later found to be valid. The bond ensures that the property owner is protected from financial loss if the lien is successfully challenged in court.
A Replevin Bond is a type of surety bond that guarantees the return of property to its rightful owner. The bond is typically required when a person seeks a court order to seize property that is believed to belong to them but is currently being held by someone else. If the court orders the return of the property, the bond ensures that the person holding the property is compensated if the order is later found to be invalid.
Sales Tax Bond
A Mississippi Sales Tax Bond is a surety bond required by the Mississippi Department of Revenue. It guarantees that businesses collect and remit sales tax accurately and in a timely manner. The bond provides financial protection to the state by ensuring the payment of sales tax liabilities and any associated penalties or fines.
A Special Needs Trust Bond is a type of court bond required for the appointment of a trustee to manage a special needs trust. This bond ensures that the trustee will handle the trust assets in accordance with the law and the terms of the trust and protect the interests of the beneficiaries.
A Supply Bond is a contract performance bond that guarantees that a supplier will provide the goods or materials as agreed upon in the contract. It provides assurance to the project owner that the supplier will deliver the goods in a timely and satisfactory manner. In the event that the supplier fails to deliver, the bond amount may be used to compensate the project owner for any resulting losses or expenses.
A Mississippi Telephonic Solicitor Bond is a surety bond required by the Mississippi Public Service Commission. It ensures that telephonic solicitors, also known as telemarketers, comply with state regulations while conducting their solicitation activities. The bond provides financial protection for consumers and serves as a safeguard against fraudulent or deceptive practices by the telephonic solicitor.
Title Pledge License Bond
A Mississippi Title Pledge License Bond is a surety bond required by the Mississippi Department of Banking and Consumer Finance. It guarantees that businesses obtaining a title pledge license comply with state laws and regulations. The bond provides financial protection for borrowers and ensures the fair and ethical operation of title pledge lending services.
TTB (Alcohol and Tobacco Tax and Trade Bureau) Bonds are required by the federal government for businesses that manufacture, import, export, or deal in alcohol, tobacco, and firearms. These bonds guarantee that the business will comply with all relevant regulations and pay all taxes and fees owed to the government.
A Mississippi Utility Bond is a type of surety bond that is required of companies that provide utility services to residents and businesses in the state of Mississippi. The bond guarantees that the utility company will comply with all applicable state and federal regulations and will provide reliable and safe services to its customers.
Wholesale Tobacco Dealer Bond
A Mississippi Wholesale Tobacco Dealer Bond is a surety bond required by the Mississippi Department of Revenue. It guarantees that wholesale tobacco dealers comply with state laws and regulations while engaging in the sale and distribution of tobacco products. The bond provides financial protection for the state and ensures payment of taxes, fees, and any associated penalties or damages.
Withholding Tax Bond
A Mississippi Withholding Tax Bond is a surety bond required by the Mississippi Department of Revenue. It ensures that businesses properly withhold and remit employee withholding taxes. The bond provides financial protection to the state by guaranteeing the payment of withheld taxes and any associated penalties or fines in case of non-compliance by the business.