# Nevada Collection Agency License Surety Bond

Source: https://a1suretybonds.com/nevada/collection-agency-license-bond

## Key facts

- State: Nevada
- Term: 1 year
- Apply online: https://a1suretybonds.com/application/index/707/34

When you operate a Collection Agency, or if you contact debtors in the State of Nevada you are required to post a Collection Agency License Surety Bond with the state. The bond provides a guarantee that you and/or your agents will comply with the state laws and properly account for and disperse the monies collected.

### What amount of bond is required for a Nevada Collection Agency Bond?

| **Average Monthly Balance in Trust Account** | **Bond Amount Required** | **Apply Now ** |
| --- | --- | --- |
| Less than $100,000 | $35,000 | |
| $100,000 - $150,000 | $40,000 | |
| $150,000-$200,000 | $50,000 | |
| $200,000 or more | $60,000 | |

All applicants must file with the [NV Commissioner of Financial Institutions](http://fid.nv.gov/), concurrently with their application, a surety bond in an amount as required by [NRS 649.105](https://www.leg.state.nv.us/NRS/NRS-649.html) (above table). No more than 3 months after the initial issuance of the license and semiannually thereafter, the Commissioner will make a determination as to the required amount of the bond in order to maintain the license to transact business in the state of Nevada. [Apply for your Nevada Collection Agency License bond today!](https://a1suretybonds.com/application/index/707/34)

Collection Agency License Surety Bond

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A1 Surety Bonds (The Surety Syndicate, LLC), a nationwide surety bond agency · (800) 737-4880 · info@a1suretybonds.com · https://a1suretybonds.com
Requirements are set by each state or agency and can change; the obligee's current instructions and the law control.