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$10,000 Surety Bond is a legal document that was released by the Arkansas Contractors Licensing Board - a government authority operating within Arkansas.
Q: What is a $10,000 surety bond?
A: A $10,000 surety bond is a financial guarantee required by the state of Arkansas for certain business activities.
Q: Who needs a $10,000 surety bond in Arkansas?
A: Certain professions and businesses in Arkansas, such as contractors and car dealers, may be required to have a $10,000 surety bond.
Q: What is the purpose of a $10,000 surety bond?
A: The purpose of a $10,000 surety bond is to provide financial protection to consumers in case a business fails to fulfill its obligations or causes harm.
Q: How much does a $10,000 surety bond cost?
A: The cost of a $10,000 surety bond depends on various factors, such as the type of business and the applicant's creditworthiness. It can range from a few hundred dollars to a few thousand dollars.
Form Details:
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