Georgia will not let a company buy structured settlement payment rights from a Georgia payee, or file a transfer proceeding here, unless it first registers with the Secretary of State as a structured settlement purchase company and posts a $50,000 surety bond under O.C.G.A. § 51-12-73. Ours is $500 flat — the price you see is the checkout price — and the credit consent in the application authorizes a soft pull only.
















The bond is the filing that turns an accepted registration into a working one, so most companies handle it the same day. Here is the entire process:
Entity details, your contact person, an effective date, and a term. The credit consent in the form authorizes a soft inquiry only.
This bond is checkout-priced at $500 flat, so it issues the moment you pay. Your executed bond and power of attorney generate on the spot.
Send the executed bond, or a copy, with your structured settlement purchase company registration or annual renewal. Wet-ink original mailed on request.
A structured settlement purchase company is a business that buys future structured settlement payments from an injured person at a discount. Georgia governs those transfers under the Georgia Structured Settlement Protection Act, and O.C.G.A. § 51-12-73 layers a registration and bonding requirement on top of the court approval each individual transfer already needs: a person or entity may not act as a transferee, attempt to acquire structured settlement payment rights from a Georgia-resident payee, or file a transfer proceeding in this state without first registering with the Secretary of State.
Registration is conditioned on the applicant certifying, under oath, that it has secured a $50,000 surety bond, letter of credit, or cash bond payable to the State of Georgia. The bond is a three-party arrangement — the company (the principal), the surety, and the state (the obligee) — and it exists to give a payee harmed by a violation of the Act a source of recovery, and to back the company's performance of its obligations to that payee.
It is not insurance for the company — if the surety pays a claim, the company repays the surety. The statute requires the bond to stay in effect for not less than three years after the registration it backs expires or terminates, and neither the company nor the surety can cancel or modify it without at least 20 days' written notice to the Secretary of State. Registration renews annually, and each renewal application must include current bond documentation; we track the term and send renewal notices 60 and 30 days out.
These are the actual issuing fields — entity details, your contact person, an effective date, and a term. The credit consent in the form authorizes a soft inquiry only.
Start the application →$500 flat, soft pull only, bond often issued in the same sitting. Free until issued.