Bond Form - Contractors License
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1
2BOND FORM - CONTRACTORS LICENSE
Contractors License Board
Department of Commerce and Consumer Affairs
PVL Licensing Branch
INSTRUCTIONS FOR FILING:
P.O. Box 3469
1.
Complete all sections of form as required.
Honolulu, Hawaii 96801
2.
Both applicant and surety must complete
hawaii.gov/dcca/pvl
and notarize page 2.
3.
Failure to submit a completed form will
delay processing of your license.
BOND NO.
4.
Attach Power of Attorney if applicable.
KNOW ALL MEN BY THESE PRESENTS:
,
THAT WE,
(Name of Sole Proprietor or Entity
as Principal, and
,
(Name of Surety)
registered and authorized to do business in the State of Hawaii, as Surety, are held and firmly bound unto the State of Hawaii, as Obligee, in the
)
penal sum of
Dollars
($
in lawful money of the United States of America, for the payment of which sum well and truly to be made, we bind ourselves, our heirs,
executors, administrators, successors, and assigns, jointly and severally, firmly by these presents.
THE CONDITIONS OF THIS OBLIGATION ARE SUCH THAT:
WHEREAS, the above bounden Principal has been granted a license under the provisions of Chapter 444, Hawaii Revised Statutes, to
conduct and engage in the business of construction contracting in the State of Hawaii;
NOW, THEREFORE, if the said Principal shall fully and faithfully comply with all provisions of Chapter 444, Hawaii Revised Statutes, and
with such valid rules and regulations as may be promulgated by the Contractors License Board pursuant to the provisions of Chapter 444,
Hawaii Revised Statutes, and shall faithfully, promptly and truly account and pay all wages, as defined in Section 104-1(6), Hawaii Revised
Statutes, to the employees of said Principal that may be properly due them, and shall honestly conduct the business of said Principal and not
be guilty of any wrongful act in the course of the business of said Principal, then this obligation shall be void; otherwise, this obligation shall
be and remain in full force and effect.
AND, as provided in Section 444-16.5, Hawaii Revised Statutes, the State of Hawaii, or any person who has been or claims to have
been injured by the breach of the above-mentioned conditions shall have a right of action to recover on this bond in his own name, provided
that any claim for wages shall have priority over all other claims, but the aggregate liability of the Surety to all such persons shall in no event
exceed the amount of this bond.
AND, this bond shall remain in full force and effect and shall be continuous in nature, and the Surety may cancel or terminate
this bond by giving thirty (30) days written notice to the Obligee.
(CONTINUED ON PAGE 2)
NOTARIZED SIGNATURES ON BACK
CT-09 0913R
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