Form SFN52923 Surety Bond for Deferred Presentment Service Provider - North Dakota

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Form SFN52923 Surety Bond for Deferred Presentment Service Provider - North Dakota

What Is Form SFN52923?

This is a legal form that was released by the North Dakota Department of Financial Institutions - a government authority operating within North Dakota. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form SFN52923?A: Form SFN52923 is a Surety Bond for Deferred Presentment Service Provider in North Dakota.

Q: What is a Surety Bond?A: A surety bond is a type of insurance that provides financial protection to a party in case the other party fails to fulfill their obligations.

Q: What is a Deferred Presentment Service Provider?A: A Deferred Presentment Service Provider is a business that provides short-term loans, commonly known as payday loans, to consumers.

Q: Why is a Surety Bond required for a Deferred Presentment Service Provider?A: A Surety Bond is required to ensure that the Deferred Presentment Service Provider complies with North Dakota laws and regulations, and to protect consumers from potential financial harm.

Q: How do I obtain Form SFN52923?A: You can obtain Form SFN52923 from the North Dakota Department of Financial Institutions.

Q: What information is required on Form SFN52923?A: Form SFN52923 requires information about the Deferred Presentment Service Provider, including their name, address, and financial information.

Q: Is there a fee for submitting Form SFN52923?A: Yes, there is a fee for submitting Form SFN52923. The fee amount is determined by the North Dakota Department of Financial Institutions.

Q: What happens after I submit Form SFN52923?A: After submitting Form SFN52923, the North Dakota Department of Financial Institutions will review the application and notify the Deferred Presentment Service Provider of the bond approval or any additional requirements.

Q: How long is the Surety Bond valid for?A: The Surety Bond is valid for one year and must be renewed annually.

Q: Can a Deferred Presentment Service Provider operate without a Surety Bond?A: No, a Deferred Presentment Service Provider in North Dakota is required to have a valid Surety Bond in order to operate legally.

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Form Details:

  • Released on January 1, 2010;
  • The latest edition provided by the North Dakota Department of Financial Institutions;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form SFN52923 by clicking the link below{class="scroll_to"} or browse more documents and templates provided by the North Dakota Department of Financial Institutions.

Download Form SFN52923 Surety Bond for Deferred Presentment Service Provider - North Dakota

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