[Federal Register Volume 69, Number 61 (Tuesday, March 30, 2004)]
[Notices]
[Page 16632]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-6986]


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DEPARTMENT OF THE TREASURY

Fiscal Service


Surety Companies Acceptable on Federal Bonds Notice of Merger, 
Name Change, and Change in Underwriting Limitation

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

ACTION: Notice.

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SUMMARY: This is Supplement No. 13 to the Treasury Department Circular 
570; 2003 Revision, published July 1, 2003, at 68 FR 39186.

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

SUPPLEMENTARY INFORMATION: The Guarantee Company of North America USA 
(NAIC 37443), a Michigan corporation, has formally merged with 
and into Mid-State Surety Corporation (NAIC 36650), a Michigan 
corporation, effective December 31, 2003. The Guarantee Company of 
North America USA (NAIC 37443) was last listed as an 
acceptable surety on Federal bonds at 68 FR 39203, July 1, 2003 and 
Mid-State Surety Corporation (NAIC 36650) was last listed as 
an acceptable surety on Federal bonds at 68 FR 39210, July 1, 2003.
    Notice is hereby given that the Certificate of Authority issued by 
the Treasury to The Guarantee Company of North America USA (NAIC 
37443), 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 The 
Guarantee Company of North America USA (NAIC 37443), bond-
approving officers may let such bonds run to expiration and need not 
secure new bonds.
    In addition, Mid-State Surety Corporation (NAIC 36650) has 
changed its name to The Guarantee Company of North America USA 
effective December 31, 2003. 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 The 
Guarantee Company of North America USA (NAIC 36650), Grosse 
Pointe Farms, Michigan. This new certificate replaces the Certificate 
of Authority issued to the company prior to the merger. A revised 
underwriting limitation of $5,573,000 is now established for The 
Guarantee Company of North America USA (NAIC 36650).
    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. 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: 769-004-04643-2.
    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 6F07, Hyattsville, MD 20782.

    Dated: March 22, 2004.
Teresa Casswell,
Acting Director, Financial Accounting and Services Division, Financial 
Management Service.
[FR Doc. 04-6986 Filed 3-29-04; 8:45 am]
BILLING CODE 4810-35-M