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Section 367.215 permits a $100,000 surety bond in place of the audit requirements. An authorized institution's qualifying irrevocable letter of credit is another statutory alternative. This is not a universal additional bond on top of an accepted audit. Match the actual license, business address and chosen alternative to the Division's renewal instructions; buying security does not itself renew the license.

The Division's full bond form covers the stated consumer-credit laws, funds, statutory undertakings and money owed, rather than only the accuracy of an audit. It renews automatically annually unless notice provides otherwise. Surety cancellation requires sixty days' written notice and preserves accrued liability through that period; aggregate surety liability is limited to the bond sum. If the director finds security inadequate or doubtful, the statute requires additional acceptable security within fifteen days after notice.

Purchase Now opens Propeller's Missouri in-lieu-of-audit application in a new tab. Bring the Division's current request, published form, exact licensee and licensed business address, chosen audit alternative, required sum and effective dates. Confirm these before paying. Arrange the form's execution and surety authority as directed, file the accepted bond with the separate licensing or renewal materials, review the issued evidence and retain Division acceptance.