St. Louis County Department of Health Special Waste Vehicle Bond

Businesses are required to file a bond with the St. Louis County Department of Health (the "Obligee") to activate their license. The bond protects the Obligee by transferring to a surety bond company the cost of ensuring the public is compensated for damages resulting from a licensed business breaking licensing laws.

Special Waste Vehicle Bond

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How much does the St. Louis County Department of Health Special Waste Vehicle bond cost?

St. Louis County Department of Health Special Waste Vehicle bonds cost 1.0% of the bond amount.

Is a Credit Check Required for St. Louis County Department of Health Special Waste Vehicle Bonds?

Credit checks are not required for the St. Louis County Department of Health Special Waste Vehicle bond.

Why is the St. Louis County Department of Health Special Waste Vehicle bond required?

Businesses are required to purchase and file a bond with the St. Louis County Department of Health to activate their license. The bond protects the Obligee by transferring to a surety bond company the cost of ensuring the public is compensated for damages resulting from the failure of a licensed business complying with the provisions of licensing laws.

How does the St. Louis County Department of Health Special Waste Vehicle bond work?

St. Louis County Department of Health Special Waste Vehicle bonds must be issued by an insurance carrier admitted by the MO Department of Insurance. The insurance company issuing any surety bond, such as the St. Louis County Department of Health Special Waste Vehicle bond, will also be referred to as the “surety company” or the “bond company”. The business is referred to as the Principal, the surety bond company as the Obligor and the St. Louis County Department of Health as the Obligee.

The surety company provides the Obligee a guarantee (the surety bond) that the customers, vendors and employees of a licensed business will receive payment for financial damages due to a violation of licensing law up the bond amount stated on the bond form (“penal sum”). The bond company also directly receives claims from the public and determines the validity of claims. Ultimately, the licensed business owners are responsible for their actions and required by law to reimburse the surety company for any payments made under the bond or face indefinite license suspension.