This surety bond is required by the Employment Security Division. The bond ensures that the bondholder will timely pay any and all payments and prepayments of payments in lieu of contributions including any applicable interest and penalties according to the terms of Section 51-1-13, NMSA 1978. The required bond amount varies, but Surety1 can provide this bond at a competitive price regardless of the bond amount you need.
To Obtain a New Mexico Unemployment Compensation Trust Fund 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.