I'm starting a car club association and want the members to feel comfortable when sending me entry fees for car shows. Wondered if I should be or could be bonded for the car group. Thanks in advance for any help in this matter.

It isn't a matter of just getting bonded. If you don't have the proper licensing for this venture, it would be considered a scam.

Bonding will come though an insurance company.

But yes, your club will have to be legally organised.

How to Get Bonded in Texas | eHow (http://www.ehow.com/how_8389591_bonded-texas.html)


Contact the Texas state department that is requiring a bond. For example, if you must bond a health spa, then you must contact the Texas Secretary of State to obtain the specific bond application for this type of business. Always contact the regulating department in Texas prior to contacting a surety bond agency to ensure you meet all requirements and you fill out the proper paperwork.


http://www.tdi.texas.gov/commercial/pcbond.html


Automobile Club Services Act Surety Bond - §§722.001 et seq. (http://www.statutes.legis.state.tx.us/Docs/TN/htm/TN.722.htm), Transportation Code. For information, an application for license, or a copy of the surety bond contact the Secretary of State, Statutory Documents Forms Index (http://www.sos.state.tx.us/statdoc/statforms.shtml): www.sos.state.tx.us/statdoc/statforms.shtml