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Louisiana Overweight Permit Bond Form Surety Bond

Louisiana Overweight Permit Bond Form Surety Bond

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Video instructions and help with filling out and completing Louisiana Overweight Permit Bond Form Surety Bond

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Instructions and help about Louisiana Overweight Permit Bond Form Surety Bond

What does licensed and bonded mean? The short answer is that a business has a business license and surety bond. Getting a business license means that the business has met all state and local municipality requirements. This usually includes completing license application paperwork, fulfilling any education requirements, paying licensing fees, etc. To get a license check out your state government website. Getting bonded means the business has applied for and been approved for a surety bond. A surety bond is a form of insurance that protects the people that a business comes in contact with. If the business fails to complete their duties, people are free to make a claim against the business's surety bond. To get bonded, apply for a bond with a surety bond company. To summarize, being licensed means a business has a formal commission to legally conduct business. Being bonded means a business has a formal guarantee that they will ethically conduct that business. Just because a busine

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