BONDS
Coverage Amount:
$10,000
Cost:
$100.00
Period:
1–3 years
The California Employment Counseling Service Bond is a $10,000 surety bond required for businesses offering employment counseling services. The bond supports compliance with applicable Civil Code requirements and protects consumers.
Applicants file the bond with the California Secretary of State and must maintain the bond for the duration of operations to remain compliant.
Obligee: California Secretary of State
Amount: $10,000
Who needs it: Employment counseling service providers
Filing: Original bond filed with the Secretary of State
Maintain continuous coverage for compliance
What is a surety bond and how does it work?
A surety bond is a three-party agreement among the principal (you), the obligee (the government agency), and the surety (bond company). It guarantees you will follow laws and regulations. If a valid claim is paid, the surety seeks reimbursement from the principal. A bond protects the public—not the licensee.
Who requires the bond and who sets the bond amount?
How long is the bond term and how do renewals work?
How is the bond filed with the agency?