Nebraska civil litigation funding bonds.
$500 flat.
A nonrecourse civil litigation funding company cannot do business in Nebraska until it registers with the Secretary of State, and the registration application is not complete without a $50,000 surety bond. Ours is $500 flat — set by our carrier’s rate book for this bond, and the price you see is the price at checkout.
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How much does a Nebraska civil litigation funding bond cost?
$500 at the $50,000 amount, the same for every applicant.
Three steps to registered.
Your registration file is waiting on one document. Here is the whole process — no broker phone tag:
Apply once, online
Company details, entity type, owner information, effective date, and a one-time consent to a soft credit pull. That is the application — no financial statements to upload here.
Pay & e-sign
Most of these issue right after purchase. The credit consent authorizes a soft inquiry only, and it never affects your score.
File with the Secretary of State
Your executed $50,000 bond and power of attorney arrive by email, ready to go into the registration packet with your articles, officer interrogatories, verified financial statement and sample consumer contract. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Nebraska regulates litigation funding under the Nonrecourse Civil Litigation Act, Neb. Rev. Stat. 25-3301 to 25-3309. A civil litigation funding company is anyone who buys a contingent share of a represented consumer’s settlement, judgment, award or verdict — and under section 25-3307 none of them may engage in that business in Nebraska without first registering with the Secretary of State. The bond is one of the documents the registration application will not clear without.
The bond form the Secretary of State publishes binds you and your surety unto the State of Nebraska for and on behalf of injured parties in the sum of $50,000, conditioned on faithfully performing the duties and obligations of the nonrecourse civil litigation funding business. In practice that is the Act’s conduct and disclosure rules: the front-page dollar itemization and annual rate of return required by section 25-3303, the consumer’s five-business-day right to cancel, the section 25-3304 ban on paying or accepting referral fees from attorneys and medical providers, and the section 25-3305 limits on how long fees may run and how often they may compound.
It is not insurance for you — if the surety pays a claim, you repay the surety, and the surety’s aggregate liability across all claimants never exceeds the bond amount. The form runs from the date your registration issues to the following September 30, so the filing has to stay continuous for as long as you fund Nebraska consumers. We track it and notify you 60 and 30 days out.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the $50,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The bond runs to September 30 whatever day you buy; the premium covers the period to that date.
Renewal falls on the statutory date, September 30, in the year your term ends.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with the Secretary of State. Your executed $50,000 bond and power of attorney arrive by email, ready to go into the registration packet with your articles, officer interrogatories, verified financial statement and sample consumer contract. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $500 at the $50,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued instantly.
These are the actual underwriting fields, including a one-time consent to a soft credit pull — a soft inquiry that never affects your score.
Start the application →Common questions.
Other Nebraska bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your Secretary of State registration today.
$500 flat, short application, bond often issued in the same sitting. Free until issued.