Surety Bond Encyclopedia

Screen Actors Guild Talent Agency ($20,000) Bond - Statewide in California

Brief Summary

Agencies applying for a SAG-AFTRA franchise usually expect the state license to be the whole bonding story. It is not. The union has its own surety bond form, with SAG-AFTRA as obligee, and it does not take the place of the bond California requires for a talent agency license. This page sells the SAG-AFTRA bond in the $20,000 amount.

The SAG-AFTRA Surety Bond Form names Screen Actors Guild-American Federation of Television and Radio Artists as obligee and indemnifies persons injured by the agency's wrongful acts, including reasonable costs and attorney's fees. It ties the agency to SAG-AFTRA's Regulations Governing Agents under Rule 16(g) and/or Rule 12C. The penal sum is filled in on the form, so confirm the $20,000 amount with SAG-AFTRA's Professional Representatives Department before the bond is issued.

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How to Apply for a Screen Actors Guild Talent Agency ($20,000) Bond:

  • Hold a current California talent agency license, including the state bond on file with the Labor Commissioner.
  • Confirm the bond amount with the SAG-AFTRA Professional Representatives Department.
  • Have the agency's legal name and entity type exactly as they will appear on the franchise application.
  • Order the bond on the SAG-AFTRA Surety Bond Form.
  • Mail the executed form to the Professional Representatives Department in Los Angeles or New York.
  • Submit the franchise application through SAG-AFTRA with the license and bond copies attached.

Detailed Information About the California Screen Actors Guild Talent Agency ($20,000) Bond:

Two different bonds

A California talent agency deals with two obligees. The state side is Labor Code 1700.15, which requires a $50,000 surety bond deposited with the Labor Commissioner before a talent agency license is issued or renewed, on form DLSE 306. The union side is the SAG-AFTRA franchise, and that is the bond on this page. One does not stand in for the other.

The state license comes first

SAG-AFTRA says that if a state requires licensing or bonding for talent agencies, copies of the current documents must accompany the franchise application, and applications are not reviewed until the required license or bond and all other documentation are in. The union also looks for at least one year of experience in the representation field, or other criteria acceptable to SAG-AFTRA.

What the SAG-AFTRA bond promises

The principal is the agency. The bond indemnifies persons injured by the principal's wrongful acts for actionable injuries, loss or damage, including reasonable costs and attorney's fees, and it references both the SAG-AFTRA agent regulations and state talent agency law. The surety can cancel on 30 days written notice by registered mail and stays liable for defaults during that notice period.

Before the bond is issued

The union's form leaves the penal sum blank. Check the amount, currently listed here at $20,000, with SAG-AFTRA at agency@sagaftra.org before the bond is written. The completed form is mailed to the Professional Representatives Department, in Los Angeles at 5757 Wilshire Blvd., 7th Floor, or in New York at 1900 Broadway, 5th Floor.

Eligibility and Requirements for a California Screen Actors Guild Talent Agency ($20,000) Bond:

  • Obligee is Screen Actors Guild-American Federation of Television and Radio Artists.
  • SAG-AFTRA's own Surety Bond Form, referencing Rule 16(g) and/or Rule 12C.
  • Listed bond amount of $20,000, to be confirmed with SAG-AFTRA.
  • At least one year of representation experience or other criteria SAG-AFTRA accepts.
  • 30 days written notice by registered mail before the surety can cancel.

California Screen Actors Guild Talent Agency ($20,000) Bond FAQs:

Does my California talent agency bond satisfy SAG-AFTRA?

No. The state bond under Labor Code 1700.15 runs in favor of the people of California and is filed with the Labor Commissioner. SAG-AFTRA uses its own form with the union as obligee.

Can I apply for the franchise before the state license is done?

SAG-AFTRA says franchise applications are not reviewed until the required current license and bond are submitted along with all other documentation.

Who can recover on this bond?

Persons injured by the agency's wrongful acts, for actionable injuries, loss or damage, including reasonable costs and attorney's fees, as the SAG-AFTRA form describes.

Where does the signed bond go?

To the SAG-AFTRA Professional Representatives Department, at 5757 Wilshire Blvd., 7th Floor in Los Angeles or 1900 Broadway, 5th Floor in New York.

What if the surety cancels?

The surety must give 30 days written notice by registered mail and remains liable for defaults committed during that period.

Official and Additional Resources for the California Screen Actors Guild Talent Agency ($20,000) Bond:

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