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Nevada Employment Agency Bonds

What is a Nevada Employment Agency Bond?

Nevada employment agencies who have made application with the Labor Commissioner of the State of Nevada for a license to conduct business in the state must furnish a surety bond. The purpose of the surety bond is to ensure the employment agency complies with the provisions of Nevada Revised Statutes 611.020 to 611.320 and pays all damages suffered by any person due to the misstatement, misrepresentation, fraud, deceit or any unlawful acts or omissions. The coverage includes any bonded licensee, agent or employee for acts committed under the authority of the license. The bond remains active until cancelled by the surety company through thirty days written notice made to the state.

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