Entertainment agency companies operating in New Jersey are regulated by the New Jersey Division of Consumer Affairs.
Title 13 of the state’s Administrative Code specifically regulates entertainment agencies.
AmeriPro Surety Bonds helps you to meet the surety bond requirement.
The New Jersey entertainment agency bond is a $10,000 surety bond required by the Division of Consumer Affairs.
As an applicant for this surety bond, you will likely pay about $100 for its issuance.
Factors which determine the bond price will include information provided by you on a short surety bond application; and you may or may not also have a credit score check as part of the underwriting of your bond.
If a credit check is required, our agency utilizes a soft pull which will not adversely affect your credit score.
The bond, once issued, will typically be active for one year from the date of issuance. Our agency may be able to provide you with the option of prepaying your New Jersey entertainment bond for a period of up to 3 years.
While the $10,000 New Jersey entertainment agency bond is required of your agency, its benefit is for your customers and clients.
The bond protects your customers from acts of fraud, theft, embezzlement, and misrepresentation.
The protections offered to your clients by means of this bond extend also to wrongful acts committed by any managers, employees, and agents of your entertainment agency.
As principal of this bond, you are responsible to reimburse the surety for any claims paid against your bond, should that ever occur.
AmeriPro Surety Bonds is a surety bonds-only agency which provides license and permit, contractor, court, and fiduciary surety bonds throughout New Jersey.
Our agency also offers customers surety bonds nationwide.
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