Form DAG009-008 Uniform Professional Fund Raiser Surety Bond - Michigan

What Is Form DAG009-008?

This is a legal form that was released by the Michigan Department of Attorney General - a government authority operating within Michigan. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is DAG009-008 Uniform Professional Fund Raiser Surety Bond?
A: DAG009-008 Uniform Professional Fund Raiser Surety Bond is a type of surety bond in Michigan.

Q: Who needs to file a DAG009-008 Uniform Professional Fund Raiser Surety Bond?
A: Professional fund raisers in Michigan need to file this surety bond.

Q: What is the purpose of a DAG009-008 Uniform Professional Fund Raiser Surety Bond?
A: The purpose of this bond is to provide financial protection to individuals or organizations who may suffer financial losses as a result of the fund raiser's actions.

Q: How does a DAG009-008 Uniform Professional Fund Raiser Surety Bond work?
A: If a professional fund raiser fails to fulfill their obligations or acts dishonestly, a claim can be made against the bond for compensation.

Q: How much does a DAG009-008 Uniform Professional Fund Raiser Surety Bond cost?
A: The cost of the bond varies depending on factors such as the bond amount and the applicant's credit history.

Q: How long does it take to get a DAG009-008 Uniform Professional Fund Raiser Surety Bond?
A: The time it takes to get the bond depends on the underwriting process of the surety bond company.

Q: Is a DAG009-008 Uniform Professional Fund Raiser Surety Bond the same as insurance?
A: No, a surety bond is different from insurance. Insurance protects the insured party, while a surety bond protects the party requesting the bond.