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THIRD PARTY DEBT
COLLECTOR SURETY BOND
Form #2901 Rev. 12/2014
Submit to:
SECRETARY OF STATE
Registrations Unit
P O Box 13193
Austin, TX 78711-3193
512-475-0775
512-475-2815 - Fax
Filing Fee: None.
PRINCIPAL/
THIRD PARTY DEBT
COLLECTOR
Name:
Street City State Zip
BOND Number: Amount : Ten thousand dollars ($10,000.00)
SURETY Name:
We, PRINCIPAL AND SURETY identified above, our heirs, executors, successors and assigns, jointly
and severally, are liable to the State of Texas, for the amount of the bond shown, in favor of the state for
the benefit of a person damaged by PRINCIPAL’s violation of Chapter 392, Finance Code, and in favor
of a person damaged by PRINCIPAL’s violation of Chapter 392, Finance Code. SURETY
acknowledges that it is duly authorized and qualified to do business as a surety company in Texas.
This agreement is subject to the following terms and conditions:
This bond shall serve as the security required by Section 392.101, Finance Code, so that PRINCIPAL may
engage in the business of debt collection.
As a condition of SURETY’s obligation, PRINCIPAL shall faithfully discharge all obligations, duties and
responsibilities under Chapter 392, Finance Code, as that statute is presently worded, and as it may hereafter
be amended to read. Any party injured by PRINCIPAL’s failure to meet the conditions of the bond may
bring an action based on the bond and recover against the bond.
The aggregate liability of SURETY for all breaches of bond conditions may not exceed the amount of the
bond.
Regardless of the number of years the bond continues in force or the number of premiums paid or payable,
the limit of SURETY’s liability stated in the bond shall not be cumulative from year to year or period to
period.
The bond shall not be subject to cancellation by either PRINCIPAL or SURETY unless written notice of
intent to cancel is forwarded to the Secretary of State, Statutory Documents Section, not later than the 60th
day before the date of cancellation. If the cancellation is at the request of SURETY, SURETY shall also
provide PRINCIPAL with written notification at least 60 days prior to the effective date of cancellation.
It is agreed that the bond shall be in full force and effect as of the following date:
Date:
Signature of authorized person for PRINCIPAL
Printed or typed name of authorized person for PRINCIPAL
Date:
Signature of authorized person for SURETY
Printed or typed name of authorized person for SURETY
Form 2901
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