California Legal Document Assistant Bond
Know why this bond matters and how to easily apply for one!
What is a California Legal Document Assistant Bond?
It’s a financial tool that any person who will suffer damages from the wrongdoings of a legal document assistant can collect compensation from.
Every legal assistant who’s seeking certification or registration from the county that he or she will be engaging business in is required by Section 6405 of the California Business and Professions Code to file this bond to the county clerk.
The county clerk will then deliver the bond to the county recorder. The person seeking registration is responsible for paying the recording fee.
A legal document assistant is an individual, corporation, partnership, association, or other business entity that “provides, or assists in providing, or offers to provide, or offers to assist in providing, for compensation, any self-help service to a member of the public who is representing himself or herself in a legal matter or holds himself or herself out as someone who offers that service or has that authority. This paragraph does not apply to an individual whose assistance consists merely of secretarial or receptionist services.”
How much does a California Legal Document Assistant Bond cost?
The bond premium will depend on the legal document assistant’s credit score and the number of legal document assistants a business entity has.
|Individual legal document assistant||$25,000|
|Partnership or corporation|
If you have an excellent credit score, you will be eligible to pay as little as 1% of the bond amount. Check out what you need to pay by getting your FREE SURETY BOND QUOTE HERE!
How can I get a California Legal Document Assistant Bond?
APPLY FOR THIS BOND! Once we’ve received your application, we will inform you about the important information or documents that you must submit in order to move forward to the next step of the bonding process, which is underwriting.
During the underwriting process, our expert underwriter will assess the following:
- Your financial capability
- Your business or job performance history
- Your credit score
Our expert underwriter will check everything that you have submitted. Once that’s done, you’ll be asked to sign an indemnity agreement. After that, the bond will be issued and sent to you.
How does a California Legal Document Assistant Bond work?
If the principal (legal document assistant) violates any of the relevant laws, rules, and regulations that governs the certificate, the obligee (State of California) will be eligible for financial compensation. The financial compensation can be recovered by filing a bond claim.
The surety’s (surety bond provider) duty is to ensure that the principal will fulfill his or her obligations and to compensate the obligee if needed. Under the terms of the bond, the principal must indemnify the surety after a claim has been settled.
Secure your certificate! APPLY FOR THIS BOND HERE!