1 (844) 589-9732

Ohio Securities Dealer Bond

The Ohio securities dealer bond is a $25,000 surety bond required by the state’s Department of Commerce. AmeriPro Surety Bonds offers this bond for you at a fair price level. Please call us today: 844-589-9732.

Ohio Securities Dealer Bond | AmeriPro Surety Bonds |

844-589-9732

 

 

 

Ohio Securities Dealers

 

 

 

Ohio securities dealers are partly regulated by Chapter 1707.15 of the Ohio Revised Code, which gives the requirements for licensing of securities dealers within the state.

Ohio securities dealers are also require to furnish the Ohio Department of Commerce, Division of Securities, with a $25,000 surety bond.

The bond is required as a prerequisite for licensing in Ohio, and the Ohio state Department of Commerce is the bond’s obligee.

 

 

 

Ohio Securities Dealer Bond: The Purpose

 

 

 

The $25,000 Ohio securities dealer bond is required to protect the your clients, and the state of Ohio, from any failure on the part of you as a securities dealer to comply with any rules governing your profession which results in some financial – or the equivalent – harm to customers, or the state of Ohio.

This surety bond’s protections are solely for the benefit of your customers and the state; the bond does not protect you or your securities dealer business as such.

The bond serves as a financial guarantee which demonstrates that you will conduct your securities dealers operations in accordance with the law; and that, failing to do so, a claim may be filed against your surety bond to recover losses up to the bond’s face amount.

Ultimately, however, you as a securities dealer are responsible for any claims paid against your surety bond.

 

 

 

Ohio Securities Dealer Bond: The Premium

 

 

 

Although the Ohio securities dealer bond is a $25,000 surety bond, you as an applicant will pay a small fraction — one or several percentage points of the bond’s face amount.

The amount that you will pay will be determined by information provided on an application along with your credit score.

Our agency will work to find you the best surety bond pricing.

Once issued and paid for, you will need to file the bond with the Ohio Department of Commerce.

 

 

 

Bond Term

 

 

 

The Ohio Securities dealer bond has a term of one year from the date of issuance. Thereafter, the bond must be renewed.

A current, active surety bond for Ohio securities dealers must always remain on file with the department.

Our surety will keep you informed of the upcoming renewal of your surety bond.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency which provides surety bonds throughout Ohio and nationwide.

Our goal is to work to find you the fairest pricing for the surety bond you need and professional service.

Please call our agency today at:

 

 

 

844-589-9732

 

 

 

Or, you may fill out our contact form below and an agent will call you.

 

 

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AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

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Office: 1 (844) 589-9732

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Monday – Friday 6 am to 5 pm (PST)