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184.30 Bonds.

Subdivision 1. Every application for an employment agency's license, and every annual report required to be filed under section 184.22, subdivision 2, must be accompanied by a surety bond approved by the department in the amount of $10,000 for each location; except, that for a search firm, the bond is required only for the first five years of registration. For a search firm that was previously licensed as an employment agency, the bond is required only until the firm has met the bond requirement as an agency or as a search firm for a total of at least five years. The bond must be filed in the office of the secretary of state and conditioned that the employment agency and each member, shareholder, director, or officer of a firm, partnership, corporation, or association operating as an employment agency will comply with the provisions of sections 184.21 to 184.40 and any contract made by the employment agent in the conduct of the business. A person damaged by a breach of any condition of the bond may bring an action on the bond, and successive actions may be maintained on it.

Subd. 2. The secretary of state shall be paid a filing fee of $10.

HIST: 1967 c 884 s 10; Ex1967 c 1 s 6; 1969 c 82 s 1; 1974 c 423 s 6; 3Sp1981 c 2 art 1 s 27; 1983 c 375 s 6; 1997 c 88 s 1; 2000 c 261 s 1

Official Publication of the State of Minnesota
Revisor of Statutes