Nebraska Civil Litigation Funding Provider Bond Guide
If you’re registering to become a civil litigation financier in Nebraska, you’ll need this surety bond.
Bond Overview
- Purpose: To ensure legal and ethical litigation funding activities
- Who Needs It: Investors funding legal cases in Nebraska
- Regulating Body: The Nebraska Secretary of State
- Required Coverage: $50,000
- Premium Rate: 1–10% based on credit score
Learn all about the bond requirements and process in this guide.
What Is a Nebraska Civil Litigation Funding Provider Bond?
A Nebraska litigation funding provider bond financially enforces legal and ethical litigation funding practices.
The Nebraska Secretary of State requires this bond as part of the licensing process for legal funding providers in the state.
How Much Do Civil Litigation Funding Provider Bonds Cost in Nebraska?
Nebraska litigation funding provider bonds cost a small percentage of the bond amount, typically 1–10%.
Exact rates vary based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Civil Litigation Funding Provider Bond?
The Nebraska Secretary of State requires this bond for any party that enters into a nonrecourse civil litigation funding transaction to register with the state and file a $50,000 bond.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Nebraska litigation funding provider bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll email you the bond shortly after purchase. Be sure to file the bond with the Nebraska Secretary of State as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Nebraska Civil Litigation Funding Provider Bond Work?
As with all surety bonds, a litigation funding provider bond creates a legal contract between three parties:
- Principal: You, the legal funding provider filing the bond
- Obligee: The Nebraska Secretary of State requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding Nebraska Nonrecourse Civil Litigation Funding Act.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety.
