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Why is a Colorado Debt Management Services Provider Bond Required?
The surety bond requires that the registrant and its agents comply with the provisions, rules, and regulations of the Colorado Uniform Debt Management services Act. The bond also guarantees up to the full bond amount that registrant will pay all final judgments and orders, with expenses, that become due or owed to the Administrator, and all final judgments that become lawfully due to or on behalf of any individual who has prevailed in a Debt?Management Services Act cause of action against the registrant.
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