What is a New York City Process Server Bond?
A quick guide to one of the most important requirements for process servers!
Who needs this surety bond?
- Process servers who are applying for a license in the State of New York
- Process servers who are not exclusively employed by a process serving agency
Every process server in the State of New York who serves 5 or more processes (either personally or by substituted service) per one calendar year must obtain a license. A surety bond is one of the major license requirements that process server license applicants must submit to the New York Commissioner of Consumer Affairs.
Ensuring the compliance of the process server to the provisions of Sections 20-403 et. seq of the New York City Administrative Code is one of the reasons for the surety bond. The process server must lawfully serve the subpoena, notice, citation, summons, or another process to the intended person, corporation, or government agency.
The surety bond will also serve as financial protection for any person who has been injured by the process server’s deviation from the rules and laws that govern process servers.
What is the Process Server Bond amount?
The bond amount is $10,000.
If you have an excellent credit score, you will be eligible to pay for a low bond premium! Bond premium starts at $100.
Want to get a tailored quote ASAP? Get your FREE SURETY BOND QUOTE HERE!
How can I obtain a Process Server Bond?
We’ve made it easier for you! Just follow the simple steps below!
STEP 1: Apply for the bond
You need to submit a bond application to us. If you’re ready to apply now, you may do so HERE!
STEP 2: Underwriting
We will ask you for a couple of important information needed for the bond. This will include your financial history, business performance history, and your credit score. An underwriter will carefully evaluate all those.
STEP 3: Bond execution
Once the underwriter is done with the underwriting process, we will immediately issue the bond and send it to you!
What are the surety bond conditions?
- The surety bond should be issued by a surety bond agent or company that is authorized to conduct business in the State of New York
- The surety bond should be made payable to the People of New York for the benefit of anyone who has been injured by the licensee
- The licensed process server must obey the provisions of Sections 20-403 et. seq of the New York City Administrative Code, as well as the rules and regulations of the New York City Department of Consumer Affairs
- If the licensed process server violates any of the provisions or the conditions of the surety bond, the aggrieved party or the Obligee will be able to file a claim against the bond
Get your surety bond immediately! APPLY TODAY!