What is an Ohio Securities Dealer Bond?
A Securities Dealer Bond is a type of surety bond required for those making application to the Division of Securities, Department of Commerce of the State of Ohio, for a license to conduct business as a Dealer under Chapter 1707.15 of the Ohio Revised Code. The surety bond ensures faithful observance of the rules and regulations and all the statutory provisions regulating dealers under Chapter 1707.15 of the Ohio Revised Code. This surety bond also guarantees payment of all legal claims arising out of violations of the statutes, rules and regulations.
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