If you are engaged as a designated agent for manufactured homes in Mississippi you are required by the State of Mississippi Department of Revenue to file a Mississippi Designated Agent for Manufactured Homes Bond as a condition of licensure.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Mississippi Modular Home Dealer Designated Agent Bond holds you accountable for your business decisions.
By possessing a Mississippi Modular Home Dealer Designated Agent Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.