Surety Bonds in New York
3 bond types covered for New York with statute-cited requirements, bond amounts, and filing process. Pages are sourced from official NY government documents and updated as laws change.
Contractor License Bond
No state bond required
No statewide contractor license bond required
Statute: NYC Admin. Code § 20-387 (Home Improvement Business) — NYC only
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Motor Vehicle Dealer Bond
$20,000 to $100,000
Bond is $20,000 for retail/wholesale used dealers selling 50 or fewer vehicles in the prior calendar year, $100,000 for those selling more than 50, and $50,000 for new (franchised) passenger car, SUV, and light truck dealers.
Statute: N.Y. Vehicle and Traffic Law § 415(6-b)
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Notary Public Bond
No state bond required
New York does not require a statewide surety bond for notaries public. No bond amount is set by statute or by the Department of State.
Statute: NY Executive Law § 130 (Appointment of notaries public) and § 131 (Procedure of appointment, fees, commissions); oath of office filed pursuant to NY Public Officers Law § 10
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