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Employment Agency License Bond
The employment agency license bond covers the compliance
with regards to the law governing operation of the employment
agency, indemnify against misrepresentation. The employment
agency must obtain a license from the department of
labor. Before starting any business the employment agency
has to file with an employment agency license surety
bond along with the license. To obtain this employment
agency license, the employment agency will procure the
employment agency license bond. To obtain the employment
agency license they have to submit the application,
copy of all contracts between the employees and the
agency, penal bond and the license fee. When the application
is approved the employment agency license is sent to
the employment agency. Any employee or employer having
claim against the employment agency for any default
of the provision, rule and regulation may bring a suit
upon the bond or deposit made in the appropriate court
where the employment agency is located.
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