Form Bf-2 - Securities Licensee'S Blanket Bond - New Mexico Securities Commission

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Form BF-2
(Rev 01/10)
STATE OF NEW MEXICO
SECURITIES DIVISION
2550 CERRILLOS ROAD
SANTA FE, NM 87505
SECURITIES LICENSEE’S BLANKET BOND
KNOW ALL PERSONS BY THESE PRESENTS:
THAT WE ______________________________________________, as principal, and the
(Name of Licensee)
________________________________________, as surety, are bound unto the State of New Mexico in
(Surety)
the penal sum of $_______________________ for the payment of which we bind ourselves firmly by
these presents.
THE CONDITIONS OF THIS OBLIGATION ARE SUCH, that whereas the above named principal
has applied to the Director of the Securities Division for licensure as a ___________________________.
NOW THEREFORE, if the above named principal and those licensees employed by him and
licensed as provided by law shall strictly comply with the duties and obligations imposed upon such
licensees by the New Mexico Uniform Securities Act and shall satisfy any loss or damages suffered by a
purchaser injured by a sale or contract for sale made in violation of the New Mexico Uniform Securities
Act or of any order issued by the Director of the Securities Division under any provision of the New
Mexico Uniform Securities Act, then this obligation shall be void, otherwise it shall remain in full force and
effect. Provided further that any such purchaser having a cause of action shall have the right to bring an
action on this bond except, however, no action may be maintained to enforce any liability on this bond
unless brought within five (5) years after the sale or other act on which such action is based.
EXCEPT, THAT the surety shall have the right to terminate its obligation under this bond by filing
written notice with the Director of the Securities Division thirty (30) days prior to the effective date of such
termination.
PROVIDED, HOWEVER, in no event shall the liability of the surety exceed the penal sum of
$_________________________.
EXECUTED on the ___________day of _______________________, ________.
BOND NO. _________________________
By: _______________________________
(Licensee – Signature)
_______________________________
(Title)
Persons executing for surety other than corporate
________________________________
officers must attach Power of Attorney authorizing
(Surety – Signature)
them to execute bonds for surety.
By: ________________________________
(Title)

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