Village of Waterloo Solicitor Bond Guide
If you’re applying for a solicitor or itinerant merchant license in Waterloo, Nebraska, you’ll need this surety bond.
Bond Overview
- Purpose: To hold solicitors accountable for operating honestly and legally
- Who Needs It: All solicitors working in Waterloo, Nebraska
- Regulating Body: The Village of Waterloo
- Required Coverage: $500
- Premium Rate: $100 for a 1-year term
Learn all about the bond requirements and process in this guide.
What Is a Village of Waterloo Solicitor or Itinerant Merchant Bond?
In Waterloo, Nebraska, solicitor or itinerant merchant permit bonds protect the public from unlawful business practices and solicitations.
The bond allows for financial recourse if a solicitor breaks license regulations or causes other damages.
How Much Do Solicitor Permit Bonds Cost?
A $500 Village of Waterloo solicitor bond costs a flat rate of $100 for a 1-year term. Or, you can save 25% by selecting a multi-year term.
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How Do I Get My Bond?
With SuretyBonds.com, you can buy your Village of Waterloo solicitor bond instantly online. Just enter your information and checkout in minutes.
We’ll mail you the bond via your preferred shipping method. Be sure to file the bond with the city as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Waterloo, NE Solicitor Bond Work?
As with all surety bonds, a solicitor bond creates a legal contract between three parties:
- Principal: You, the solicitor or transient merchant filing the bond
- Obligee: The Village of Waterloo requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding all applicable municipal ordinances and regulations.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must refund the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your solicitor bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.
