North Carolina Guardian Bond
AmeriPro Surety Bonds | 844-589-9732
Surety Bond; Amount and Purpose
A North Carolina guardian may be required to obtain a surety bond as a condition of this court-ordered appointment. A guardian is alternately referred to as a conservator; both terms mean the same.
A court-appointed guardian may be one of an incapacitated person, a guardian of a minor, or a combination of both.
A condition of your appointment is that you obtain a surety bond, which is likely why you are here. According to North Carolina General Statutes § 35A-1231, if you choose to obtain a surety bond through an agency like ours, the amount of the bond will be at least 1 ¼ the computed value of the estate, as determined by the clerk.
As noted in the same statute, the purpose of your guardian bond is to act as a financial guarantee that you’ll be in compliance with all lawful orders of the clerk or the presiding judge.
Qualifying and the Premium
Our agency offers you the North Carolina guardian surety bond up to a $100,000 requirement without a credit check inquiry.
If you require a guardian bond greater than $100,000, approval is after review of your application (or, for legal counsel, that of your client) by a surety bond underwriter. Approval is based on the determination of “good credit”, and other related factors.
For a guardian surety bond of any amount, however, our agency will need all of the following:
- A copy of the court order or the court minutes appointing you as guardian (or, again, for legal counsel, your client) and stating the surety bond amount required;
- A completed surety bond application. The application can be sent to you via DocuSign to facilitate ease and timeliness of completion;
- A review of the application subject, in part, to the threshold dollar amounts discussed above;
- Upon approval of your surety bond application, payment of the first annual premium.
Once your guardian bond is approved and the first annual premium paid, our agency issues your bond and a Power of Attorney form to you.
We sign your guardianship bond as Surety; you will sign as Principal. You will also file all completed surety bond documents with the court.
Annual Renewal of the Premium
The premium associated with your North Carolina guardian bond renews annually on the anniversary of its issuance for as long as the court requires surety of you.
Premiums paid are earned in full with no refund, in full or in part, offered.
AmeriPro Surety Bonds is a surety bonds-only agency. We offer license and permit, court, probate, and other surety bonds in North Carolina and all 50 states.
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