"Surety Bond for Professional Solicitors & Public Safety Solicitors" - Maryland

Surety Bond for Professional Solicitors & Public Safety Solicitors is a legal document that was released by the Maryland Secretary of State - a government authority operating within Maryland.

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Download "Surety Bond for Professional Solicitors & Public Safety Solicitors" - Maryland

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Surety Bond for Professional Solicitors &
Public Safety Solicitors
The State of Maryland
Office of the Secretary of State
State House
Annapolis MD 21401
(410) 974-5534
Bond Number __________________________ I/We, of
________________________________________________ of
_______________________, State of ____________________________
(hereinafter "Principal"), as Principal, have applied to the Maryland Secretary of
State for registration as a Professional Solicitor or Public Safety Solicitor for the
purpose of acting as a Professional Solicitor or Public Safety Solicitor for a charitable
organization required to register with the Maryland Secretary of State pursuant to
Chapter 787 of the Laws of Maryland of 1984 and any acts amendatory thereof and
supplemental thereto; this bond is to cover all claims arising on account of the
registration of the Principal and his acting as such Professional Solicitor or Public
Safety Solicitor for the full term hereof beginning on ________________, 20_____
and expiring on the last day of the 12th month following its issuance; and
_____________________________________, with its principal office located at
_____________________________________________________, State of
__________________, a corporation authorized to do a surety business in the State
of Maryland (hereinafter "Surety"), as surety are held and firmly bound unto the
State of Maryland, for the use of the State of Maryland, and to any person who may
have a cause of action against the Principal for any malfeasance, nonfeasance, or
misfeasance in the conduct of solicitation by the Principal as a Professional Solicitor
or Public Safety Solicitor in the sum of twenty-five thousand dollars ($25,000) lawful
money of the United States of America, to be paid to the State of Maryland for the
use of the State of Maryland, and to any person who may have a cause of action
against the Principal for any malfeasance, nonfeasance, or misfeasance in the
conduct of solicitation by the Principal as a Professional Solicitor or Public Safety
Solicitor, as their interests may appear, not exceeding in the aggregate sum said of
twenty-five thousand ($25,000) for which payment well and truly to be made we
bind ourselves, our heirs, executors, administrators, successors, and assign, jointly
and severally by these presents.
Now, the conduct of this obligation is such,
That if the Maryland Secretary of State shall register the above bounden Principal as
such Professional Solicitor or Public Safety Solicitor and said Principal shall faithfully
and honestly act as such Professional Solicitor or Public Safety Solicitor in accordance
with law, and fully complies with the provisions of Chapter 787 of the Laws of
Maryland of 1984 and any acts amendatory thereof and supplemental thereto, and if
the Principal shall fully indemnify and save harmless from loss, the State of Maryland
and any person who may have a cause of action against the Principal for any
malfeasance, nonfeasance, or misfeasance in the conduct as such Professional
Solicitor or Public Safety Solicitor, then this obligation to be void, otherwise to
remain in full force and virtue. It is understood and agreed that this bond may be
continued by continuance certificate signed by the Surety. This bond shall not
become void upon the first recovery thereon but may be sued upon from time to
time until the full amount thereof shall have been exhausted;
Surety Bond for Professional Solicitors &
Public Safety Solicitors
The State of Maryland
Office of the Secretary of State
State House
Annapolis MD 21401
(410) 974-5534
Bond Number __________________________ I/We, of
________________________________________________ of
_______________________, State of ____________________________
(hereinafter "Principal"), as Principal, have applied to the Maryland Secretary of
State for registration as a Professional Solicitor or Public Safety Solicitor for the
purpose of acting as a Professional Solicitor or Public Safety Solicitor for a charitable
organization required to register with the Maryland Secretary of State pursuant to
Chapter 787 of the Laws of Maryland of 1984 and any acts amendatory thereof and
supplemental thereto; this bond is to cover all claims arising on account of the
registration of the Principal and his acting as such Professional Solicitor or Public
Safety Solicitor for the full term hereof beginning on ________________, 20_____
and expiring on the last day of the 12th month following its issuance; and
_____________________________________, with its principal office located at
_____________________________________________________, State of
__________________, a corporation authorized to do a surety business in the State
of Maryland (hereinafter "Surety"), as surety are held and firmly bound unto the
State of Maryland, for the use of the State of Maryland, and to any person who may
have a cause of action against the Principal for any malfeasance, nonfeasance, or
misfeasance in the conduct of solicitation by the Principal as a Professional Solicitor
or Public Safety Solicitor in the sum of twenty-five thousand dollars ($25,000) lawful
money of the United States of America, to be paid to the State of Maryland for the
use of the State of Maryland, and to any person who may have a cause of action
against the Principal for any malfeasance, nonfeasance, or misfeasance in the
conduct of solicitation by the Principal as a Professional Solicitor or Public Safety
Solicitor, as their interests may appear, not exceeding in the aggregate sum said of
twenty-five thousand ($25,000) for which payment well and truly to be made we
bind ourselves, our heirs, executors, administrators, successors, and assign, jointly
and severally by these presents.
Now, the conduct of this obligation is such,
That if the Maryland Secretary of State shall register the above bounden Principal as
such Professional Solicitor or Public Safety Solicitor and said Principal shall faithfully
and honestly act as such Professional Solicitor or Public Safety Solicitor in accordance
with law, and fully complies with the provisions of Chapter 787 of the Laws of
Maryland of 1984 and any acts amendatory thereof and supplemental thereto, and if
the Principal shall fully indemnify and save harmless from loss, the State of Maryland
and any person who may have a cause of action against the Principal for any
malfeasance, nonfeasance, or misfeasance in the conduct as such Professional
Solicitor or Public Safety Solicitor, then this obligation to be void, otherwise to
remain in full force and virtue. It is understood and agreed that this bond may be
continued by continuance certificate signed by the Surety. This bond shall not
become void upon the first recovery thereon but may be sued upon from time to
time until the full amount thereof shall have been exhausted;
And further provided, That the Surety may, without prejudice to any liability
accrued prior to such cancellation, cancel such bond upon sixty (60) days written
notice filed with the Insurance Commissioner of the State of Maryland, the Secretary
of State of Maryland, and a copy thereof mailed to the Principal.
Signed, sealed, and dated this ___________ day of _______________ 20_____.
As witness:
Test as to Principal:
Principal
Test as to Surety and its Corporate Seal:
Surety
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