If you are engaged in a business which offers tax refund anticipation loans or checks in the State of Maine, you are required to execute a Maine Tax Refund Anticipation Lender Bond in the amount of $10,000 to ensure compliance with 9-A §10-202 of the Maine Revised Statutes.
Bonds Express offers a Maine Tax Refund Anticipation Lender Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Maine Tax Refund Anticipation Lender Bond holds you accountable for your business decisions.
By possessing a Maine Tax Refund Anticipation Lender Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.