Commodity Broker-Dealer Sales Representative Statutory Bond Form. This is a Missouri form and can be use in Blue Sky Secretary Of State.
Tags: Commodity Broker-Dealer Sales Representative Statutory Bond, C4, Missouri Secretary Of State, Blue Sky
Secretary of State State of Missouri Securities Division 600 W. Main, PO Box 1276 Jefferson City, MO 65102 Commodity Broker-Dealer, Sales Representative, Statutory Bond KNOW ALL MEN BY THESE PRESENTS, That of the County of State of as PRINCIPAL and State of , a surety corporation duly qualified to do business in the State of Missouri as SURETY, are held and firmly bound unto the State of Missouri, and/or any person, firm or corporation interested, in the sum of (See Note 1 below.) lawful money of the United States of America for the payment whereof well and truly to be made, we do bind ourselves, our heirs, administrators, executors, successors and assigns, jointly and severally, firmly by these presents. The condition of this obligation is such that whereas, the Securities Division of the Office of Secretary of State, State of Missouri, under the provisions of the Missouri Model Commodities Code has registered the said PRINCIPAL herein named as a(n) (See Note 2 below.) NOW, THEREFORE, if the above bounden PRINCIPAL herein named shall well and truly comply with the provisions of the Missouri Model Commodities Code and rules, regulations and orders made legally pursuant therein and faithfully account for any monies or securities coming into his hands as a registrant under the Missouri Model Commodities Code, then this obligation to be void, otherwise to remain in full force and effect. PROVIDED, HOWEVER, AND UPON THE FOLLOWING EXPRESS CONDITIONS: That every person having a cause of action under the Missouri Model Commodities Code may initiate suit in any court of competent jurisdiction against the PRINCIPAL and/or the SURETY upon this bond. No suit may be maintained to enforce any liability on the bond unless brought within two years after the sale or other act upon which it is based. PROVIDED, always, that nothing herein shall be construed to make the total maximum liability hereunder of the above named SURETY more than (See Note 1 below.) regardless of the number of acts of omission or commission of the above named PRINCIPAL, and regardless of the number of years this bond shall continue in force. PROVIDED, FURTHER, that the SURETY may cancel this bond as an entirety by giving 60 days written notice by registered mail to the Missouri Securities Division at Jefferson City, Missouri, copy of said notice of cancellation to be sent by registered mail to the PRINCIPAL hereunder. In case of such cancellation by the SURETY no further obligation shall be incurred under this bond after the expiration of said 60 days, but the liability of the PRINCIPAL and SURETY shall apply as above set out as to any acts or omissions which may have occurred prior to the effective date of such cancellation. This bond shall continue in force and effect unless previously cancelled as hereabove provided for, at which time it shall ipso facto cease and terminate as to all future transactions only, provided, however, that the entry of an order by the Commissioner denying, suspending or revoking the registration of the PRINCIPAL or the latter's withdrawal from registration shall constitute an automatic cancellation of this bond. IN WITNESS WHEREOF, the said parties hereunto have set their hands and affixed their respective seals this day of , 20 . (Principal) (SEAL) (Surety) By: (Capacity of person signing) Note 1–Fill in the amount, expressed in words and also digits, applicable to the type of Principal bonded. Note 2–Fill in "Broker-Dealer" or "Sales Representative" as is applicable. Note 3–If this bond has been subscribed to by an "Attorney in Fact" there must be attached a properly authenticated "Power of Attorney." Form C-4 American LegalNet, Inc. www.USCourtForms.com