How much does a talent agency bond cost in California?
The California Department of Industrial Relation’s Division of Labor Standards Enforcement’s Licensing and Registration Unit requires talent agencies and fee-related talent services to post $50,000 surety bonds.
These bonds are subject to underwriting consideration, so the price you’ll pay depends on a review of your personal credit report. Qualified applicants could pay as low as 1% of the bond amount, or just $500. Bad credit? No problem! Our experts can help you get the bond you need quickly, easily and accurately. Request your free bond quote now!
We can provide you with a free, personalized bond quote within 1 business day of receiving your application. Submit a bond request or call 1 (800) 308-4358 to connect with our team of experts who will walk you through our fast and easy bonding process.
Why do I need this bond?
Talent agency bonds in California ensure that principals (talent agents) comply with the provisions of Chapter 4, Part 6, Division 2 of the California Labor Code and pay all sums due to any individual or group when the principal or his/her representative or agent receives the sums.
Fee-related talent service bonds in California are required by section 1703(a)(3) of the Labor Code and ensure that principals (talent services) conduct business lawfully and ethically.
If a principal fails to comply with these terms, the bond protects harmed parties from financial loss up to the full amount of the bond. The principal must reimburse the surety for all damages paid out.
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What’s the fine print?
Both California talent agency and fee-related talent service surety bonds remain in full force and effect until terminated or canceled. The state (acting through the Labor Commissioner) reserves the right to terminate the bond by giving written notice of termination to the surety. The surety can terminate the bond according to the provisions of Section 996.320, Section 995.440 or Section 996.310, respectively, of the Code of Civil Procedure of the State of California.
How to become a talent agency in California
To become licensed as a talent agency in California, applicants must complete a licensing application package that can be obtained by:
- downloading the forms from the DLSE website
- calling the Licensing and Registration Unit and requesting that a package be sent to you
- requesting a package by mail or in person at the department
- emailing your request with a complete mailing address to [email protected]
Applicants must submit the following documents with the completed application package:
- Affidavit of Character
- Personal Record
- Premise Certification
- Sample - Nonexclusive Contract Between Artist and Talent Agency
- Sample - Exclusive Contract Between Artist and Talent Agency
- Sample - Fee Schedule
- Request for Live Scan Service
- Certificate of Workers’ Compensation Insurance
- Copy of Driver’s License/Photo ID
- Fictitious Business Name Statement (if applicable)
- Articles of Organization (if LLC)
- Articles of Incorporation and Statement of Domestic Stock (if corporation)
- Business Tax Registration Certificate (if business is at a residence)
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