License Permit Fed Arc

The ARC bond is a Surety bond, which is required by the Airlines Reporting Commission. The applicant for this ARC bond must have an existing business with good personnel and corporate credit. Any person desiring to become an ARC Agent must submit a Bond in the minimum amount of $20,000 before the agency may be included on the ARC Agency List. The amount of such Bond may not be reduced below $20,000 until the Agent has been included on the List for two years, at which time, subject to the average net cash remit from regular and PC sales, the amount may be decreased to a minimum of $10,000. The principal has to obtain a separate bond for each location