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Virginia Membership Camping Operator Bond

The Virginia membership camping operator bond is an option  for those who choose not to maintain a trust account. Please call AmeriPro Surety Bonds today at: 844-589-9732.

Virginia Membership Camping Operator Bond |

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Membership Camping Operators – Virginia

 

 

 

Virginia membership camping operators are regulated by the Office of Charitable and Regulatory Programs, and statutorily, by the Virginia Membership Camping Act.

AmeriPro Surety Bonds provides the Virginia camping operating bond for both first time (new) and for those who need to renew an existing license.

 

 

 

Virginia Membership Camping Operator Bond: Amount of Surety Bond Required and Premium

 

 

 

As a condition of licensing, there is a surety bond requirement, if money received from purchasers is not held in a trust account.

The amount of surety bond is based upon the amount of money collected. The breakdown for surety bond amount required is as follows:

Money Held                             Surety Bond Amount Required

Up to $200,000                       $50,000

$200,000 to $500,000            $75,000

Over $500,000                        $100,000

Information provided from a surety bond application and your credit score will be determinant as to the surety bond’s pricing.

An applicant with good credit, and whose application provides no reason for concern, may pay as little as 1% for each of the bond amounts.

For the larger surety bond amounts more detailed information, including a financial statement may or may not be requested.

 

 

 

The Purpose of this Surety Bond

 

 

 

The purpose of the Virginia membership camping operator bond is for the benefit and protection of your customers. The bond is a financial guarantee, on their behalf, that two things will be done:

1. You will provide the purchaser with title to the campgrounds as contractually agreed;

2. You will forfeit and return the money under the terms of the contractual arrangement.

So, while the bond is required of you, its benefit is for the your purchasing clients.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds only agency which provides license and permit, contractor, and fiduciary surety bonds throughout Virginia.

Our agency also provides surety bonds nationwide.

Please call our agency today at:

 

 

 

844-589-9732

 

 

 

Or, you may fill out the 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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