Surety bond for debt adjusters required, amount
Effective: 28 Aug 2011, 2 histories; (L. 2007 H.B. 329, A.L. 2011 H.B. 661)
Each initial license application shall be accompanied by a surety bond in the principal sum in accordance with the following categories:
(1) Fifty thousand dollars if the applicant declares that the operation will handle no consumer monies; or
(2) One hundred thousand dollars otherwise.
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.