Platinum Bonds Insurance Agency
Research before you apply.This bond ensures county officials faithfully perform their duties and protects taxpayers from fraud, theft, or misuse of public funds. Bond amounts vary based on the office's annual receipts, typically $30,000 per $1 million in receipts, with a minimum of $30,000 and maximum of $300,000 (unless the county approves hi…
This bond ensures county officials faithfully perform their duties and protects taxpayers from fraud, theft, or misuse of public funds. Bond amounts vary based on the office's annual receipts, typically $30,000 per $1 million in receipts, with a minimum of $30,000 and maximum of $300,000 (unless the county approves hi…
County public officials including county clerks (circuit court clerks), county treasurers, county sheriffs, county auditors, and other officials handling public funds or receipts over $5,000 per year. The bond is required before the official can be sworn into office.
Probate bonds are required for personal representatives, executors, and administrators of estates. Pricing Information:. Court bonds are reviewed case-by-case and must be approved before pricing can be provided. • Bond amount: Typically based on estate value as determined by the court. • What affects pricing: Estate value, reason for appointment, credit and financial strength. • Collateral: May be required for larger estates. • Court approval: Required before bond can be…
Probate application — typically 3–5 business days
The bond amount is calculated based on your office's receipts from the last complete fiscal year. The formula is $30,000 for each $1,000,000 in receipts. The minimum bond is $30,000 and the maximum is $300,000 (unless your county fiscal body approves a higher amount). For example, if your office handled $3.5 million in receipts last year, your bond would be $105,000. The State Board of Accounts may also increase bond amounts up to $300,000 if malfeasance is discovered.
This bond is required for county public officials who handle receipts over $5,000 per year. Common positions include county clerks (circuit court clerks), county treasurers, county sheriffs, county auditors, city judges, controllers, and clerk-treasurers. The bond must be obtained and filed before you can be sworn into office. Your county fiscal body determines the specific positions requiring bonds based on Indiana Code § 5-4-1-18.
You must file your bond with the county recorder's office within 10 days of issuance or approval under IC 5-4-1-8. The bond must be filed before you are sworn into office. Bonds cover one policy year (either calendar or fiscal year) and must be renewed annually. Your county may also require blanket bonds or name/position schedule bonds as alternatives to individual bonds, depending on local fiscal body authorization.
Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.