Any person engaging in the business of money transmission or advertising, soliciting, or holding itself out as providing money transmission in North Dakota. Required when: Required as a condition of obtaining and maintaining a money transmission license. Exemptions: Exemptions include the United States or any departme…
Overview
What it is.
Any person engaging in the business of money transmission or advertising, soliciting, or holding itself out as providing money transmission in North Dakota. Required when: Required as a condition of obtaining and maintaining a money transmission license. Exemptions: Exemptions include the United States or any departme…
Who usually needs it
Any person engaging in the business of money transmission or advertising, soliciting, or holding itself out as providing money transmission in North Dakota.
Pricing & timing
What to expect.
Generic pricing
Miscellaneous surety bonds cover a wide variety of obligations that don't fit neatly into other categories. Typical Pricing:. • Small bonds: May be available as flat-fee premiums starting around $100–$250. • Larger bonds: Commonly around 1–5% of the bond amount, though rates vary significantly by bond type. • Underwriting: Requirements vary — some bonds qualify for instant approval, others require full underwriting. Pricing varies significantly by the specific bond type, jurisdiction, and r…
Typical timeframe
Varies by bond type — contact for details
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateNDBond amountThe amount of the required security must be the greater of one hundred thousand…Term lengthContinuousObligeeNorth Dakota Department of Financial InstitutionsRenewalThe bond must be maintained at all times. Licensees must renew their license annually through the Nationwide Multistate Licensing System (NMLS) by December 31st, which includes verifying that the bond amount meets curre…Bond classMiscellaneous OtherCategoryFinancial ServicesBondSurety bondStatutory referenceNorth Dakota Century Code Section 13-09.1-33JurisdictionState
