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Minnesota bonds

Minnesota — Protective Agent For Fee Bond

Minnesota’s protective-agent licensing file calls for a $10,000 bond to the State, naming the licence applicant as principal and filed with the Board. Prepare it through The Southern Agency with the actual business, protective services and current Board applicant details clear. Separate financial-responsibility evidence is also part of the file.

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Recorded state
Minnesota
Bond type
Security Guard Agency Bond
Category
Professional & occupational licenses

What this bond does

Meet §326.3382, subdivision 3(b), through a company authorized in Minnesota. The State of Minnesota is the recipient; the Board of Private Detective and Protective Agent Services receives the filing. The applicant, its qualified representative and application signers are not automatically interchangeable principals.

Who needs it
The applicant undertaking the covered protective-agent business for a fee, reward or other valuable consideration. The statutory class reaches more than a guard uniform: it includes guards/private patrol, physical alarm response, armored services, specified traffic escorts, crowd protection, and specified prisoner transport. Match the actual service and applicable classification/exclusions with the Board.
Who it protects
The condition calls for the applicant and its employees to observe Minnesota and United States laws faithfully, and for payment of damages from a violation of law by the applicant or a willful and malicious wrong by the applicant in the course of business. It does not establish an automatic payment for every incident or replace the separate evidence of ability to respond in damages.

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.

Identify the protective business and actual applicant

Section 326.338, subdivision 4, describes compensated protective activities including private patrol, physically responding to alarm signals, and managing crowds for safety/protection. Do not substitute general investigative work or an employee credential for the applicant’s actual service and Board file.

Use the current Board form and structure-specific identity/signature directions. The Revisor flags 2026 changes to the applicant/corporate provisions; older partnership-signature wording should not be treated as the current application instructions. Name the actual licence applicant as principal, keeping officer/qualified-representative roles distinct.

Employee-count financial tiers are not higher bond amounts

Subdivision 3(b) specifies the $10,000 instrument. Subdivision 3(c) separately requires Board-acceptable proof of ability to respond in damages from business accidents or wrongdoings. The statutory routes include an insurance certificate, a CPA-signed annual net-worth statement or an acceptable irrevocable letter of credit.

The employee-count tiers belong to the net-worth/letter-of-credit routes, not to a sliding scale for this $10,000 bond. Those routes do not silently replace the separate paragraph (b) instrument.

Where the insurance route is used, the statute specifies general liability, completed operations, and personal injury, including the stated false-arrest/privacy/occupancy protections. A client’s contract certificate alone does not establish Board acceptance or replace the financial instrument.

Use Propeller with both parts of the Board file ready

Purchase Now opens Propeller in a new tab. Compare the applicant/principal, State of Minnesota recipient, $10,000 sum, complete laws-and-damages condition, accepted execution, and actual dates before completing it. This choice supplies no amount or duration label.

Use the Board’s current financial-submission instructions and keep the separate responsibility evidence with the licensing file. The licence’s statutory period is not a duration offer for this purchase. Purchasing does not file or approve the application or establish authority for a particular protective activity.

Sources

Have these ready

  1. Actual protective services, legal applicant/business location, and the Board’s current applicant/signature classification.
  2. Accepted $10,000 instrument to the State of Minnesota naming that applicant as principal, through a Minnesota-authorized company.
  3. Full State/United States laws-and-damages condition, accepted execution and actual financial dates.
  4. Separate Board-acceptable responsibility evidence under subdivision 3(c)–(f), kept distinct from the bond amount and client contract requirements.

Questions about this bond

Does employee count make this a larger bond?

Subdivision 3(b) specifies $10,000. The employee-count tiers in the later paragraphs apply to the separate net-worth/letter-of-credit financial-responsibility routes. Do not use those tiers as substitute amounts for this instrument.

Does a net-worth statement or letter of credit replace the bond?

Those are statutory routes for the separate proof of ability to respond in damages. They do not replace the paragraph (b) instrument merely because the Board accepts that additional financial evidence.

Should the qualified representative always be the principal?

The statute says to name the applicant as principal. Keep the actual applicant, corporate officers, qualified representative, and any Minnesota manager consistent with the current Board file rather than replacing the applicant with a role title.

Is a client’s liability certificate the whole licensing requirement?

No. The State financial instrument and Board-acceptable responsibility proof are distinct. If using the insurance route, match the statutory coverage requirements and Board directions rather than assuming a contract certificate completes the file.

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