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Colorado bonds

Colorado — Credit Services Organization Bond

Credit Services Organizations in Colorado must notify the Administrator through the Department of Law's online portal to operate in the state. Match your Colorado Credit Services Organization Bond purchase to the written request for your business or project.

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Recorded state
Colorado
Category
Financial services

What this bond does

Use this offering for the obligation identified in your written request. Match the applicant, named recipient, requested wording, and amount before purchasing.

Who needs it
Buyers preparing the Colorado Credit Services Organization Bond identified in their business, account or project correspondence.
Who it protects
The recipient and undertaking named in the issued form define the financial security being purchased. Keep those details aligned with the written request.

Your bond option

This is the option on record for this bond.

The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

Registration and Licensing Portal

Organizations must submit notifications via the online Licensing portal. New users can register an account, which may require up to three business days for authorization. Once logged in, users can complete the application in multiple sessions, ensuring all data is saved.

The application requires details including account information, specific business contacts for legal and examination matters, organizational structure, and information regarding ownership and agreement templates. All applicants must ensure proper registration with the Colorado Secretary of State.

Annual Fees and Signatures

The application fee is $1,500, payable online or by check. Notifications are valid until July 1st annually, requiring yearly renewal by that date. Organizations must also provide details on transaction volume and total fees received from Colorado consumers during the previous calendar year.

Submission requires electronic signatures from authorized signatories. The Department of Law sends an email to these individuals for signing after the initial submission. Processing only begins once all signatories have signed, and the Licensing contact should monitor their email for any requests regarding deficient information.

Match the request, then purchase

Keep the written Colorado Credit Services Organization Bond request available when preparing the purchase. Use its legal applicant name, named recipient, requested amount, and project or account reference.

Purchase Now opens the exact linked provider checkout in a new tab. Enter the details for this offering there. Keep the issued document with your request and follow the delivery directions accompanying that request. A bond purchase does not itself issue a license, grant a permit or approve a utility account.

Sources

Have these ready

  1. Keep the written request for Colorado Credit Services Organization Bond available.
  2. Match the applicant’s legal name and the recipient named on that request.
  3. Identify the requested amount separately from the purchase premium.
  4. Keep the project, account or registration reference with your documents.

Questions about this bond

When must Credit Services Organizations renew their notifications?

Renewals must be submitted annually on or before July 1st.

How are application signatures handled?

Once the application is submitted, the Department of Law emails the authorized signatories to complete the process electronically.

What is the fee for the application?

The application fee is $1,500, which can be paid via the online payment portal or by check.

How do I purchase this offering?

Use Purchase Now to open the linked provider checkout in a new tab. Match the details to your written request; the purchase is separate from any license, permit or account approval.

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