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In the state of Massachusetts, if you operate a private employment agency, it is mandatory that you possess an Massachusetts Employment Agency Surety Bond before you can be issued a private employment agency license from The Commonwealth of Massachusetts Division of Occupational Safety Employment Agency Program to operate within the state.
As per the Massachusetts Employment Agency License and Service Agency Registration, this Massachusetts Employment Agency Surety Bond is required if you are a sole proprietorship; partnership, LP, or LLP; or a Corporation or LLC.
This surety bond serves not only to comply with Massachusetts law governing employment agency operation, it also indemnifies the state against misrepresentation to the customer. You should know that any actions brought against your Massachusetts Employment Agency Surety Bond may result in a state hearing revoking your license.
Bonds Express offers a Massachusetts Employment Agency Surety Bond with a 100% 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 Massachusetts Employment Agency Surety Bond holds you accountable for your business decisions.
By possessing a Massachusetts Employment Agency Surety Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.