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2005_1114_Packet
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2005_1114_Packet
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9/14/2009 10:10:04 AM
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Roseville City Council
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BOND NUMBER : '��4355 <br />Page 1 of 2 <br />STATE �� MINNESOTA <br />DEPARTMENT OF COMMERCE <br />CURRENCY EXC�A.NGE SURETY BOND <br />Global Financial Outsource Services, Inc. <br />KNOW ALL PERSONS BY THESE PRESENTS: That DgA� Universal Check Cash�I�C� (MN} <br />(Name of Currency Exchange) <br />a Minnesota Corporation <br />(Description or form of business organization, including state of incorporation) <br />with business office at 22161��� C���ad uite � R�se�3�� MN 55113 <br />(Street Address, City, �tate, Zip) <br />as PRINCIPAL and North American S��cialtv Insurance Comvanv <br />fNarn� of Suren+} <br />a corporation duly organized underthe laws ofthe �State oflV_aew Hamnshire which is authorized <br />to engage in the business of insurance in the State of Minnesota, as SURETY, are hereby held and firmly bound to <br />the Department of Commerce of the State of Minnesota in the sum of TEN THOUSAND DOLLARS ($10,000). <br />Principal and Surety hereby bind themselves; their representatives, successors and assigns, jointly and severally by <br />these presents. <br />The parties further agree that: <br />�. The purpose of this obligation, which is required by Minnesota Statutes, Section 53A.08, is to secure the <br />compliance by Principal with the tez-�ns of Minnesota Statutes, Section 53A.02 to 53A.13, and any other legal <br />obligations arising out of the Principal's conduct as a currency exchange. <br />2. ��� bond is for the �e�.e�t of the State of ?�a�rrr�t� and all persons suffering damages by reason of the <br />Principal's failure to comply with Minnesota Statutes, Section 53.4.02 to 53A.08, or other te�a� obligations <br />arising out of Principal's conduct as a currency exchange. <br />3. If the Principal sh��l violate MinnesotaStatutes, Section 53A.02 to 53A.�8, or other legal obligations arising out <br />of its conduct as a currency exchange, the Commissioner of Commerce, as well as any person damaged as a <br />result of such violation shall have, in addition to all other legal remedies, a right of action on this bond in the <br />name of the injured party for loss sustained by the injured party. <br />4. This bond shall be effective from December 31, 2005 until December 31,2006. <br />Signed and Sealed this 24th day of Au���� i 2005 _ h <br />�� : North American Specialty Insurance Co. �v;.. . �-��..� � ���;� <br />(Name of Suret�) ��� � orne in F� �ur� �ornpdri�� <br />Global Financial Outsource Services, Inc. , <br />By:b�A: Universal Check Cashinq (MN) g�,; � <br />(Name of Currency Exchange) .5i gn�v4r� �f Solc Propr�ctor, Partr,er, ar Pr�g$¢��1j <br />� * �x � � � � �x � * * � � * * � * * * � � x� �x � <br />FOR DEPARTMENT USE ONLY <br />Approved as to f�rm and execution by Department of Commerce. <br />Date <br />MNtDOC CE BOND 7I1999 <br />
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