This surety bond is required by the State of Kansas Department on Aging, under K.S.A Chapter 40 Article 34. The bond ensures that the bond holder will hold all residents’ funds deposited with the principal separately and in trust, administer the funds on behalf of the residents in a lawful manner, shall account for all funds received, expended, and held on hand upon termination of each deposit, and otherwise fulfill its obligations pursuant to 42 CFR 483.10. The required bond amount varies, but Surety1 can provide this bond at a competitive price regardless of the bond amount you need.
To Attain a Kansas Resident Fund Surety Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.