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Nebraska bonds

Nebraska — Motor Club Service Bond

Nebraska requires continuously maintained $50,000 club security. The posted indemnity form caps liability across all years it remains in force.

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Recorded state
Nebraska
Bond type
Automobile Club / Motor Club Bond
Category
Vehicles, titles & transportation

What this bond does

Section 44-3709 permits approved cash/securities or a $50,000 performance bond executed to Nebraska for the State and members with a cause of action against the club. Match the actual company security arrangement before ordering replacement evidence.

Who needs it
The club applying for a Nebraska certificate to provide its identified services. The company application asks for actual services, financial information and officer signatures; it is not an individual member's application or proof of a particular vehicle's ownership.
Who it protects
Section 44-3710 covers accepted members, promised club services, compliance with the Act and Director's rules, and the stated fines or penalties. The actual indemnity form references both security sections and the written-agreement/member-performance condition. Use the accepted undertaking and underlying file together.

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.

Check existing security and the accepted undertaking

Bring the company application and actual security request. The statute fixes the $50,000 basis even though the posted indemnity form leaves its amount blank. The form explicitly names Nebraska as obligee; a resident-agent countersignature is a different execution role.

The posted form limits surety liability to its penal sum regardless of the number of years in force. Either principal or surety may give the described notice to the other, but cancellation is not effective against the State until thirty days after the surety's written notice to the obligee. Do not treat either notice period as the selected term.

Purchase Now opens Propeller. Match the legal club, State/member role, accepted condition, $50,000 sum and dates before applying. Complete the company authority and security filing separately; an issued bond is not approval of every service listed on the application.

Sources

Have these ready

  1. Identify the actual Nebraska club certificate application and services.
  2. Check existing accepted cash/securities or bond evidence.
  3. Use the current accepted indemnity form and underlying agreement/file.
  4. Match the principal, Nebraska obligee, statutory sum and condition.
  5. Complete company-officer and required surety/agent execution, with separate authority filing.

Questions about this bond

Does the blank form amount mean the required sum is unknown?

Section 44-3709 states $50,000 for the performance-bond route. Enter the accepted file's required amount; the catalog choice itself does not select an amount or duration.

Does the limit reset for every year the bond continues?

The actual form expressly caps surety liability at the stated penal sum regardless of the number of years in force. Do not promise a fresh limit simply because another year passes.

Does notice to the other signing party cancel the State's protection?

The form has a separate requirement for the surety's written notice to the Nebraska obligee and thirty days before cancellation is effective against it. Follow both applicable clauses, not only notice between principal and surety.

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