BOND APPLICATION NOTICES

Tennessee Law provides the following: 39-14-148.

False statement in obtaining surety bond – Penalty Any person who makes a false statement or representation of a material fact Knowing it to be false or knowingly fails to disclose a material fact, in order to Obtain a surety bond, either for that person or for any other person, commits a Class A misdemeanor. Each such false statement or representation or failure to Disclose a material fact constitutes a separate offense. Class A Misdemeanors carry a penalty of up to 11 months and 29 days in jail and/or up to $2,500.00 in fines