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  1. Join Date
    Jul 2007
    Posts
    29

    Sole Proprietor to Corporation

    Im bonded and a sole proprietor but am thinking of changing to a corporation for tax purposes. Does this affect my bond status?

  2. Join Date
    Aug 2007
    Posts
    18

    Bond Status

    One thing that will definitely need to be changed is your indemnity agreement. Sole Proprietorships are generally the individual's name dba company name. If you are going to incorporate - that will be a name change.

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