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Administrator Fidelity Bond Form. This is a Georgia form and can be use in Insurance And Safety Fire Commissioner Statewide.
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Tags: Administrator Fidelity Bond, GID-57, Georgia Statewide, Insurance And Safety Fire Commissioner
JOHN W. OXENDINE
COMMISSIONER OF INSURANCE
SAFETY FIRE COMMISSIONER
INDUSTRIAL LOAN COMMISSIONER
COMPTROLLER GENERAL
SEVENTH FLOOR, WEST TOWER
FLOYD BUILDING
2 MARTIN LUTHER KING JR. DR.
ATLANTA, GA 30334
(404) 656-2056 TDD#(404) 656-4031
Rev No: 11/02
Form No: GID-57
OFFICE OF INSURANCE AND SAFETY FIRE COMMISSIONER
ADMINISTRATOR FIDELITY BOND
KNOW ALL MEN BY THESE PRESENTS,
that ______________________________________________________________________________,
a Third Party Administrator as defined in the laws of the State of __________________, as Principal,
________________________________, a corporation duly incorporated under the laws of the State of
____________________________, as Surety, are held and firmly bound unto the State of Georgia in
the full and just sum of __________________, dollars, current money of the United States, to be paid
to the State of Georgia, to the payment we hereby bind ourselves and each of us, and each of our
successors and assigns, jointly and severally, firmly by these presents, sealed with our seals and dated
this __________day of _______________, ________.
WHEREAS, the above bounden _______________________________________ did on the
___________day of ________________, _________file with the Commissioner of Insurance of
Georgia an application for a license as a Third Party Administrator under O.C.G.A. § 33-23-100 et seq.
NOW, THEREFORE, the condition of this obligation is such that if the above bounden
_______________________________________________shall maintain faithful accounting and
application of all money coming into the administrator’s possession in connection with his activities as
administrator and faithful performance of all his duties and administrator, then this obligation shall be
void, otherwise to remain in full force and virtue in law.
This Bond may be cancelled at any time by the Surety upon giving thirty (30) days written
notice by certified or registered mail to the Commissioner of Insurance of Georgia, Regulatory
Services Division. At that time and unless notified to the contrary by the Commissioner of Insurance,
Regulatory Services Division, at the expiration of the said thirty (30) days, the liability of the Surety
shall cease except as to such liability of the Principal on account of injury or death to any covered
employees, as may have accrued prior to the expiration of the thirty (30) days. It is understood that the
Surety shall be liable, within the penal sum mentioned herein, for the default of the Principal in fully
discharging any liability on its part accruing during the life of this obligation.
IN WITNESS WHEREOF, the said principal has caused these presents to be executed by the
signature of the Chairman of its Board of Trustees or appropriate company officer and the said Surety
has caused these presents to be executed by the signature of its________________________________
(Agent or Attorney in Fact)
and its corporate seal affixed thereto with attestation where required.
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This __________________day of _______________________, _____________.
PRINCIPAL:_____________________________________________________________
BY:____________________________________________________________________
TITLE:_________________________________________________________________
SURETY:_______________________________________________________________
(Name of the Surety Company)
BY:____________________________________________________________________
TITLE:_________________________________________________________________
ATTEST:_______________________________________________________________
(If required by Power-of-Attorney)
TITLE:_________________________________________________________________
(SURETY’S SEAL)
Attest as to Seal
BY:_____________________________
TITLE:__________________________
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