PDF
Word
Form TR-PS-1 Continuous Surety Bond for Public Warehouse Keeper - Wisconsin
What Is Form TR-PS-1?
This is a legal form that was released by the Wisconsin Department of Agriculture, Trade and Consumer Protection - a government authority operating within Wisconsin. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is a TR-PS-1 form?
A: TR-PS-1 is a form used to provide a continuous surety bond for public warehouse keepers in Wisconsin.
Q: What is a surety bond?
A: A surety bond is a legal agreement that provides financial protection in case the bonded party fails to fulfill their obligations.
Q: Who needs to file a TR-PS-1 form?
A: Public warehouse keepers in Wisconsin need to file a TR-PS-1 form to obtain a continuous surety bond.
Q: What is a public warehouse keeper?
A: A public warehouse keeper is a person or business that operates a warehouse to store goods for others.
Q: Why is a surety bond required for public warehouse keepers?
A: A surety bond is required to ensure that public warehouse keepers fulfill their obligations and provide financial protection to clients.
Q: Are there any fees associated with filing a TR-PS-1 form?
A: Yes, there are fees associated with filing a TR-PS-1 form. You should contact the Wisconsin Department of Agriculture, Trade and Consumer Protection for more information on the fees.
Q: Is the TR-PS-1 bond amount the same for all public warehouse keepers?
A: No, the TR-PS-1 bond amount may vary depending on the value of the goods stored in the warehouse.
Q: What happens if a public warehouse keeper fails to fulfill their obligations?
A: If a public warehouse keeper fails to fulfill their obligations, the surety bond can be used to compensate clients for any financial losses.
Q: Can a public warehouse keeper cancel their surety bond?
A: A public warehouse keeper can cancel their surety bond by providing a written notice to the surety company and the Wisconsin Department of Agriculture, Trade and Consumer Protection.
Q: How long is a TR-PS-1 surety bond valid?
A: A TR-PS-1 surety bond is valid for one year and needs to be renewed annually.
Q: Can a public warehouse keeper use a different form of financial protection instead of a surety bond?
A: No, in Wisconsin, a surety bond is the required form of financial protection for public warehouse keepers.
Form Details:
- Released on September 1, 2004;
- The latest edition provided by the Wisconsin Department of Agriculture, Trade and Consumer Protection;
- 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 printable version of Form TR-PS-1 by clicking the link below or browse more documents and templates provided by the Wisconsin Department of Agriculture, Trade and Consumer Protection.
