Montana Public Adjuster Bonds
What is a Montana Public Adjuster Bond?
A Montana Public Adjuster Bond is a type of surety bond is required for those now or about to become licensed to engage in the business of a public adjuster pursuant to Mont. Admin. R. 6.6.1611. The surety bond is conditioned upon compliance with the requirements of the Montana statutes and the rules and regulations regulating public adjusters. Additionally, the licensee must make full accounting and due payment to any party entitled to funds coming into the bonded principal's possession as an incident to transactions under the license.