Surety Bond - The Small Loan Regulatory Law And Small Loan Privilege Tax Law - State Of Mississippi

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SURETY BOND
THE SMALL LOAN REGULATORY LAW AND SMALL LOAN PRIVILEGE TAX
LAW
STATE OF MISSISSIPPI
_________________________
BOND NUMBER
KNOW ALL MEN BY THESE PRESENTS, that I/we__________________________ as
PRINCIPAL, and ______________________________________________, a Company organized and
existing under the laws of _____________________________________, with its principal place of
business at __________________________________________________________, and duly licensed
to do business in the State of Mississippi, as SURETY, are held and firmly bound unto the State of
Mississippi for One Thousand Dollars ($1,000.00) for each licensed office, total number of licensed
offices being _______, with a total insured amount of $______________________, for the payment of
which, well and truly to be made and done, we bind ourselves, our heirs, executors, successors,
administrators, and assigns, jointly and severally by these presents for each licensed office.
WHEREAS, said Principal, as required by the Small Loan Regulatory Law and the Small Loan
Privilege Tax Law, (the “Small Loan Laws”), §75-67-101 et seq., and §75-67-201 et seq., Mississippi
Code of 1972, as amended, has made application to the Commissioner of the Department of Banking
and Consumer Finance of the State of Mississippi, for a license to engage in the business of the handling
of loans or the lending of money as authorized by said Small Loan Laws, at a place of business located
at:
_____________________________________________________________________________
(Street Address)
___________________________________________________________________, Mississippi,
(City)
(County)
and is required by said Small Loan Laws to furnish this bond. Any additions or deletions in number
and/or amount of bond are to be furnished in a rider from the Surety.
NOW, THEREFORE, THE CONDITION OF THE OBLIGATION IS SUCH, that if the
said Principal for one year commencing on _______________________, 20_____ shall well and truly
operate its business in conformity with, and shall abide by, the laws of this State regulating the handling
of loans or the lending money, and all other applicable statutes and regulations of the State of
Mississippi, and shall faithfully perform the duties and obligations pertaining to the business so licensed
and the prompt payment of any judgment which may be recovered against such Principal on account of
damages or other charges arising directly or collectively from any violation of the provisions of the
Small Loan Laws, and shall pay and discharge any and all indebtedness for which such Principal may
become liable under the provisions of the Small Loan Laws and any other applicable laws, statutes or
ordinances of the State of Mississippi, or to any county, municipality or other political subdivision
thereof, this obligation shall be void; otherwise this obligation to remain in full force and effect.
(over)

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