Details

Chapter 140 requires the bond before each license or renewal, with the form approved by Corporation Counsel and sufficiency approved by the Comptroller. The City's 2026 packet includes the complete bond condition. Use the City of Buffalo as obligee and the legal agency applicant as principal.

The condition covers chapter compliance and damages from the listed wrongful conduct in the licensed business. The chapter also requires accounting and payment of collected money or things of value to those entitled to them. Do not reduce this undertaking to an employee-theft policy or assume it guarantees collection of every account.

The one-year action period runs from accrual of the cause of action. The current chapter makes the license expire September 30 following issuance, but that licensing date does not turn the action period into a purchase term or supply a cancellation-notice clause absent from the form.

The 2026 checklist requires a bond number, notarized principal and attorney-in-fact signatures, and attached power of attorney and asset-and-liability sheets with seals. The separate application must be notarized and accompanied by the requested financial information, police record check and corporate filing receipt or DBA. A corporate agency still supplies the physical applicant and officer details requested by the City.

Purchase Now opens Propeller's Buffalo collection agency application in a new tab. Bring the current City packet and exact agency details, check the issued $5,000 Chapter 140 condition and complete its execution. Return the bond and license materials to Buffalo's Office of Licenses using its current accepted return instructions. Provider checkout does not grant the City license or replace the City's review.