Wis. Stat. § 969.12 provides that no surety can be compensated for serving as a surety, effectively eliminating the commercial bond market. See Kahn v. McCormack, 299 N.W. 2d 279 (Ct. App. 1980)(upholding constitutionality of statute and stating that purpose of the law is eliminate the commercial bond industry).
Collateral - Mortgage Form
No
Premium Rate: 12%
Minimum Premium: $60
Federal Rate: 12%
Collateral - Mortgage Form
Remission
– Not Applicable
State Fees Per Bond - 2% of Liability of bond
(must be added to price quote)
Sheriff's Fee: $30 per bond