New York Painters District Council No. 4 Health and Welfare Fund (Corporation) Bond
Overview
New York's Painters District Council No. 4 Health and Welfare Fund requires certain corporations to post this surety bond before participating in fund obligations. It guarantees that the bonded corporation will fulfill its financial commitments to the fund — covering contributions owed on behalf of covered workers. If the corporation defaults, the fund has a secured claim to recover what it is owed.
Who Needs This Bond?
Contractors, painting companies, and other corporate employers that have a collective bargaining agreement or participation obligation with the Painters District Council No. 4 Health and Welfare Fund in New York need this bond. Any corporation that is required by the fund's trustees to post security before making contributions on behalf of union-covered employees must obtain it. This is a fund-driven requirement, not a state license — the fund itself is demanding the bond from you.
What is this Bond For?
This bond protects the Painters District Council No. 4 Health and Welfare Fund from financial loss caused by a contributing corporation's failure to pay required welfare fund contributions. The fund covers health and welfare benefits for eligible union painters and their families. When a corporation falls short on its obligations, the bond gives the fund a mechanism to recover those unpaid amounts without going uncompensated.
When is it Required?
Enrollment or reinstatement as a contributing employer to the Painters District Council No. 4 Health and Welfare Fund is typically where this bond enters the picture. The fund's trustees may require the bond before they will accept contributions from a corporation, especially one that is new to the fund or that has a prior delinquency on record. You cannot begin or resume participation until the bond is in place.
Where Does it Apply?
This bond applies statewide in New York wherever the Painters District Council No. 4 Health and Welfare Fund operates and has jurisdiction over contributing employers. It is not a state agency license — it is a contractual and fiduciary requirement set by the fund. The obligee is the fund itself, and the bond's authority flows from the fund's trust agreement.
How to Buy Online
Click 'Buy This Bond Online' on this page — it opens the secure surety portal in a new tab where you can complete your application and purchase immediately. Once approved, your bond documents are issued digitally so you can deliver proof of coverage to the fund without delay.
Why Bond Titan?
Bond Titan is powered by The Southern Agency and gives you direct online access to a nationwide surety bond catalog — no agent callbacks, no waiting rooms. You can buy the Painters District Council No. 4 Health and Welfare Fund bond right now and have documentation in hand the same day.