[Federal Register Volume 66, Number 141 (Monday, July 23, 2001)]
[Notices]
[Pages 38347-38348]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-18298]


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DEPARTMENT OF THE TREASURY

Fiscal Service


Surety Companies Acceptable on Federal Bonds-Termination: 
Developers Insurance Company

AGENCY: Financial Management Service, Fiscal Service, Department of the 
Treasury.

ACTION: Notice.

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SUMMARY: This is Supplement No. 19 to the Treasury Department Circular 
570; 2000 Revision, published June 30, 2000 at 65 FR 40868.

FOR FURTHER INFORMATION CONTACT: Surety Bond Branch at (202) 874-6765.

SUPPLEMENTARY INFORMATION: Developers Insurance Company, a California 
corporation, has formally merged with and into Developers Surety and 
Indemnity Company, an Iowa corporation, effective December 29, 2000. 
Developers Insurance Company was last listed as an acceptable surety on 
Federal bonds at 65 FR 40878, June 30, 2000, and Developers Surety and 
Indemnity Company was last listed as an acceptable surety on Federal 
bonds at 65 FR 40878, June 30, 2000.
    Notice is hereby given that the Certificate of Authority issued by 
the Treasury to Developers Insurance Company, under the United States 
Code, Title 31, sections 9304-9308, to qualify as an acceptable surety 
on Federal bonds is hereby terminated. With respect to any bonds 
currently in force with Developers Insurance Company, bond-approving 
officers may let such bonds run to expiration and need not secure new 
bonds.
    A new Certificate of authority as an acceptable surety on Federal 
bonds, dated today, is hereby issued under sections 9304 to 9308 of 
Title 31 of the United States Code, to Developers Surety and Indemnity 
Company, Des Moines, Iowa. This new certificate replaces the 
Certificate of Authority issued to the company prior to the merger. A 
revised underwriting

[[Page 38348]]

limitation of $1,506,000 is now established for Developers Surety and 
Indemnity Company.
    Certificates of Authority expire on June 30 each year, unless 
revoked prior to that date. The Certificates are subject to subsequent 
annual renewal as long as the companies remain qualified (31 CFR part 
223). A list of qualified companies is published annually as of July 1 
in Treasury Department Circular 570, with details as to underwriting 
limitations, areas in which licensed to transact surety business and 
other information.
    The Circular may be viewed and downloaded through the Internet at 
http://www.fms.treas.gov/c570/index.html. A hard copy may be purchased 
from the Government Printing Office (GPO) Subscription Service, 
Washington, DC, Telephone (202) 512-1800. When ordering the Circular 
from GPO, use the following stock number: 048-000-0536-5.
    Questions concerning this Notice may be directed to the U.S. 
Department of the Treasury, Financial Management Service, Financial 
Accounting and Services Division, Surety Bond Branch, 3700 East-West 
Highway, Room 6A04, Hyattsville, MD 20782.

    Dated: June 22, 2001.
Jennifer Fitzmaurice,
Acting Director, Financial Accounting and Service Division, Financial 
Management Service.
[FR Doc. 01-18298 Filed 7-20-01; 8:45 am]
BILLING CODE 4810-35-M