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Wisconsin Loan Company Bond


What is a Wisconsin Loan Company Bond?

A Loan Company Bond is a type of surety bond required by the Wisconsin Department of Financial Institutions for loan companies licensed pursuant to the provisions of Section 138.09 of the Wisconsin Statutes. This surety bond ensure compliance with the provisions of Section 138.09, Wis. Stats., all lawful orders, rules and regulations and payment of any and all moneys that may become due in accordance with the provisions of Section 138.09, Wis. Stats. This bond also secures payment of any examination costs incurred by the Department of Financial Institutions for Wisconsin under Section 138.09, Wis. Stats.

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