Download Free Print-Only PDF OR Purchase Interactive PDF Version of this Form
Loan Broker Bond Form. This is a Indiana form and can be use in Blue Sky Secretary Of State.
Loading PDF...
Tags: Loan Broker Bond, 53305, Indiana Secretary Of State, Blue Sky
CONNIE LAWSON
SECRETARY OF STATE
SECURITIES DIVISION
302 W. Washington Street, Room E111
Indianapolis, Indiana 46204
Telephone: (317) 232-6681
www.sos.in.gov
LOAN BROKER BOND
State Form 53305 (R4 / 4-12)
Bond number
VALIDATION DATE
KNOW ALL MEN BY THESE PRESENTS:
From:
That we, ___________________________________, of______________________________
(Name of Loan Broker Business)
(City)
Surety telephone number
(
)
in the state of ______________________________ , and _____________________________ a corporation organized and existing
(Name of Surety)
under and by virtue of the laws of the State of______________, and duly authorized to transact the business of indemnity and
suretyship in the State of Indiana, for the use and benefit of all persons damaged by the breach of any of the conditions of this
obligation, in the sum of ________________ Dollars, lawful money of the United States for the payment of which sum, will and
truly to be made, we bind ourselves, our heirs executors, administrators, successors and assigns, jointly and severally, firmly
by these presents.
THE CONDITIONS OF THE ABOVE OBLIGATION ARE SUCH THAT:
WHEREAS, the above bounden Loan Broker has made application to the Securities Commissioner of the State of Indiana for
license as a loan broker under the provision of IC 23-2-5 and is required by the provisions of said Law to furnish a surety bond
in the sum above named, conditioned as herein set forth.
NOW, THEREFORE, if the said Loan Broker shall faithfully comply with the provisions of IC 23-2-5 and shall pay to any person
entitled thereto all damages as may be caused to such person by the failure of the Loan Broker to faithfully comply with the
provisions of said Act; and if said Loan Broker shall pay to any person entitled thereto all damages as may be caused to any person
together with all penalties provided by IC 23-2-5-15 then this obligation shall be void; otherwise it shall remain in full force and
effect.
This bond is subject to the following provisions:
1. Any person who sustains such damages as covered by this bond may bring an action upon this bond; provided, however, that
the aggregate liability of the said Surety to all such persons shall, in no event, exceed the amount of the bond.
2.
This bond shall be and remain in full force and effect indefinitely, subject however, to cancellation by the said Surety giving
written notice both to the said Loan Broker and the Securities Commissioner of Indiana thirty (30) days prior to the effective
date thereof, of its intention to terminate its liability under this bond or until the license of said Loan Broker as such loan
broker is terminated either by expiration without renewal or by revocation for any cause.
3.
Every person who has a cause of action under IC 23-2-5 may bring action upon this bond to enforce any liability on the bond
providing, however, that no suit on this bond may be maintained to enforce any liability on this bond unless brought within
two (2) years after the act upon which it is based.
IN WITNESS WHEREOF, the parties hereto have set their hand and seals this __________________________ day
of____________________________, ________.
Surety
By:
Loan Broker
By:
_______________________________________
_______________________________________
Its:
Its:
_______________________________________
_______________________________________
(Title)
(Title)
American LegalNet, Inc.
www.FormsWorkFlow.com