Quote:
Originally Posted by surety
Surety Bond Definition :
A Surety Bond is an agreement subject to the Bond Form. The Surety Bond is usually required for monetary compensation for failure to perform specified acts referenced in the Bond Form.
A Surety Bond is a generic name for all bonds. Bonds are usually required by the state or Federal Government; these bonds are called License and Permit Bonds. Surety bonds are required to protect the consumer or obligge
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You can use the
Surety Bond Application for any surety bond you need (this application is not for Fidelity Bonds or Contract just license and permit bonds)