You move the shares and the records. The bond stands behind the integrity.
A bond for securities transfer agents
Transfer agents — firms that maintain shareholder records and process the issuance and transfer of securities — may be required to carry a bond in connection with registration or to satisfy a specific obligation. It guarantees the faithful performance of the transfer-agent function and protects against loss from errors or dishonesty in handling securities and records.
What a transfer agent bond guarantees
The bond protects issuers, shareholders, and the parties relying on the agent — guaranteeing faithful performance of the transfer-agent duties and protecting against loss from dishonesty or failure in handling securities and records. If the surety pays a valid claim, you reimburse it in full.
How much a transfer agent bond costs
The bond amount is set by the licensing authority. The premium you pay is a small percentage of that amount — typically around 1%–3% for applicants with reasonable credit, more for weaker credit — so a modest bond often costs a few hundred dollars a year. We market it to multiple surety companies to get you the best rate.
Requirements depend on your registration and obligations
Transfer-agent bonding requirements and amounts depend on the specific regulatory or contractual obligation driving them. We confirm the exact requirement that applies to you before quoting.
Transfer Agent Bond requirements by state
The required amount and authority differ by state — and sometimes by city or county. We are licensed in all 50 states; request a quote and we will confirm the exact requirement that applies to you.
Frequently Asked Questions
What does a transfer agent bond cover?
It covers loss to issuers, shareholders, or relying parties from a transfer agent's dishonesty or failure to perform its duties. You reimburse the surety for any claim paid.
Who needs a transfer agent bond?
Securities transfer agents required to post a bond by a regulator or a specific obligation. The requirement and amount depend on your situation.
How much does a transfer agent bond cost?
A premium that's a small percentage of the required bond amount, based on the firm's financials and credit.
How do I get a transfer agent bond through Cory Washington & Co.?
Request a quote or contact our team. We confirm your exact requirement, market your bond across multiple surety companies that compete for it, and handle the filing. Cory Washington & Co. LLC is licensed in all 50 states.
All surety bond descriptions on this website are provided by Cory Washington & Co. LLC strictly for general informational purposes. They are not intended to be, and should not be relied upon as, legal, financial, or bonding advice. Surety bonds are not insurance. Bond requirements — including amounts, obligees, and bond forms — are set by government authorities and other obligees and change over time; the information presented is general in nature and does not guarantee the availability, terms, conditions, or amount of any bond. Actual bond terms are governed by the bond form issued by the surety and the requirements of the obligee, and any bond remains subject to underwriting approval. Nothing on this website creates or implies an agent-client relationship, binds a surety, or issues a bond. Cory Washington & Co. LLC expressly disclaims any liability for actions taken, or not taken, based on the content provided here. For advice regarding your particular situation, please confirm current requirements with the relevant authority and consult directly with a licensed professional at Cory Washington & Co. LLC.