Form Sfsb-263 - Surety Bond Seller Of Travel Discount Programs
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1
2State of California
Secretary of State
SURETY BOND
SELLER OF TRAVEL DISCOUNT PROGRAMS
(Business and Professions Code section 17550 et seq.)
(Office Use Only)
Bond Number ________________________________________
The premium of this bond is $ ________________ for the term of ___________________________________________ .
KNOW ALL PERSONS BY THESE PRESENTS:
That ______________________________________________________________________________________ ,
(Name of Principal)
doing business as __________________________________________________________________________________
(Name of Business)
is a seller of travel discount programs whose address is
___________________________________________________________________________________________________________ ,
(Street Address)
(City)
(State)
(Zip)
as PRINCIPAL, and ____________________________________________________________, a corporation organized
(Name of Surety)
under the laws of _____________________________________and authorized to transact a general surety business in
the State of California, whose address for service is ______________________________________________________ ,
as SURETY, are held and firmly bound to the State of California for the benefit of purchasers of the seller of travel
discount programs in the penal sum of, one hundred thousand dollars ($100,000) for which payment we bind ourselves,
our heirs, executors, administrators, successors and assigns jointly and severally, firmly by these presents. The bond
shall be in favor of the State of California for the benefit of purchasers of the seller of travel discount program harmed by a
violation of Business and Professions Code section 17550.27, the seller's misrepresentation or misapplication of funds, or
the failure of the seller to comply with the terms of the seller of travel discount program.
WHEREAS, the provisions of Section 17550.27 of the Business and Professions Code require that the Principal file,
or have on file, with the Secretary of State a copy of a bond in the sum of one hundred thousand dollars ($100,000), and
this bond is executed and tendered in accordance therewith.
NOW THEREFORE, the conditions of the foregoing obligations are that, if the Principal complies with the provisions
of California Business and Professions Code section 17550 et seq., and pays all sums due any individual or group
of individuals when such Principal or its representative or agent has received such sums, and pays for the loss incurred
by any person for the unlawful acts or omissions of the Principal or of its agents or employees while acting within
the scope of their employment, then this obligation is to be void; otherwise it is to remain in full force and effect.
SFSB-263 Rev 04/2015
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