Surety Bond Seller Of Travel Discount Programs {SFSB-263}

SFSB-263, SURETY BOND SELLER OF TRAVEL DISCOUNT PROGRAMS (Business and Professions Code section 17550 et seq.), the provisions of Section 17550.27 of the Business and Professions Code require that the Principal file, or have on file, with the Secretary of State a copy of a bond in the sum of one hundred thousand dollars ($100,000), and this bond is executed and tendered in accordance therewith. The conditions of the foregoing obligations are that, if the Principal complies with the provisions of California Business and Professions Code section 17550 et seq., and pays all sums due any individual or group of individuals when such Principal or its representative or agent has received such sums, and pays for the loss incurred by any person for the unlawful acts or omissions of the Principal or of its agents or employees while acting within the scope of their employment, then this obligation is to be void; otherwise it is to remain in full force and effect. www.FormsWorkflow.com