If you are engaged as a money broker in North Dakota, you are required under chapter 13-04.1 of the State of North Dakota Century Code to file a North Dakota Money Broker Bond as a condition of licensure.
Bonds Express offers a North Dakota Money Broker Bond with a 99% approval rate.
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 North Dakota Money Broker Bond holds you accountable for your business decisions.
By possessing a North Dakota Money Broker Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.