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Long Term Care Facility Residents' Fund Bond

Long Term Care Facility Residents' Fund Bond

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Who Requires the Long Term Care Facility Residents' Fund Bond and Why Is It Needed?

The Commissioner of Community Health of the State of Georgia requires the Long Term Care Facility Residents' Fund Surety Bond to ensure that the bonded business faithfully accounts for all residents' funds received or managed, and disburses or expends such funds only as requested or required under the provisions of the state.

How Much Will My Surety Bond Cost?

Surety Bonds Direct offers Georgia Long Term Care Facility Residents' Fund Bonds completely online without a credit check or any paperwork at the exceptional low price shown in the table below. Going direct is that easy!

What Does the Bond Protect Against?

The bond protects the residents of the long term care facility who deposit funds against fraud in the management of these funds by the facility. The liability of the surety for any and all losses incurred under this bond shall not exceed the stated penal sum. This obligation may be canceled by the surety by giving thirty (30) days notice in writing of its intention to do so to said Principal and the Department of Community Health, Healthcare Facilities Regulation Division.

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Surety Bonds Direct, LLC, Bonds Surety & Fidelity, Charleston, SC
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