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  • Games Of Chance Surety Bond - New York State Department Of State

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R the laws of the state of and having its principal place of business at , as principal, and (Name of Surety) as surety are held firmly bound to the people of the State of New York in the sum of $ pursuant to Section 369-e of the General Business Law; that the principal binds itself, its successors and assigns and the surety binds itself, its heirs, executors and administrators and assigns. THE CONDITION OF THIS OBLIGATION IS SUCH THAT: WHEREAS, the principal has filed with the Secretary.

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To do this, the defendant will only be required to pay a 10% fee to the bail bondsman. However, this fee is non-refundable. That being said, what if bail is set at $500? If bail is set at $500, you will likely pay around $50 to a bail bondsman — which is 10% of the total bail amount.

How Surety Bond Pricing is Calculated. Surety bond pricing is based on a percentage of the full bond amount being required (called the premium), which is usually anywhere between 1-10%. The premium is based on your financial strength, e.g. personal credit.

New York requires that all Sweepstakes offered to New York residents, whose aggregate prize values exceed $5,000 must register and bond the promotion with the New York Department of State. Sweepstakes rules or abbreviated rules must be posted in any participating retail locations and included in all advertisements.

By definition, a sweepstakes is an advertising or promotional device by which items of value (prizes) are awarded to participating consumers by chance, with no purchase or entry fee required to win.

New York surety bond costs primarily depend on your personal credit score and the type of bond for which you've applied. Those individuals with excellent credit should expect an annual premium of 1-3% of the bond amount. Those individuals with bad credit can expect an annual premium of 4-15% of the bond amount.

unbonded. Not only are surety bonds great for consumers, they are also beneficial for businesses, especially small businesses. The same study surveyed 100 construction project owners and found that 97% of them expressed a willingness to pay higher costs for bonded contractors.

How Much Does a New York Surety Bond Cost? Surety Bond Cost Based on Credit Score Surety Bond NameSurety Bond AmountOver 700 New York Contractor License Bond $20,000 $200 - $600 New York Mortgage Broker Bond (Less than $1,000,000 on loans originated) $10,000 $100 - $300 New York Debt Collection Agency Bond $5,000 $100 - $1503 more rows

The New York Games of Chance Bond is a type of surety bond required by the State of New York. The bond states that the bondholder shall perform and fulfill all undertakings and obligations as offered in such game, contest, promotion, advertising scheme or plan.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232