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New Jersey Employment Agency Bonds

What is a New Jersey Employment Agency Bond?

A surety bond is required by law for those licensed or registered with, or in the application process with the Director, Division of Consumer Affairs, of the State of New Jersey for a Booking Agency, Career Consulting or Outplacement Firm, Career Counseling Service, Employment Agency, Job Listing firm, or Prepaid Computer Matching Service. The surety bond is commonly referred to as an "Employment Agency Bond". The surety bond protects any person entering into a service contract from improper handling of service or product contracts, or a breach of contract or bankruptcy by the bonded principal.

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