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Thread: 96% ownership

  1. Bond Magician
    Bond Magician is offline Senior Member
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    Oct 2007
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    401

    96% ownership

    I need a Telemarketing Bond, I have 96% ownership, and my cousin has 4% ownership. Will you need her personal information as well as mine?
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  2. Surety Queen
    Surety Queen is offline Surety Professional
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    Oct 2007
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    558

    Telemarketing Bonds

    Quote Originally Posted by Bond Magician
    I need a Telemarketing Bond, I have 96% ownership, and my cousin has 4% ownership. Will you need her personal information as well as mine?
    In most instances, Surety will only require personal information and indemnity for people owning 5% or more of a company. However, it's probably best to disclose this information to your representative at the time of application and have them check to make sure this is the case.
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