The Three C’s of Surety Bonding
The underwriting process for surety bonds involve researching and evaluating the risk of bond applicants. Though every surety company creates their own diverse criteria and guidelines for underwriting, the same three basic factors are habitually…
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Who Do Guardianship Bonds Protect?
When a guardian is told by the court to purchase a guardianship surety bond, they must obtain the bond in order to serve as a guardian. The guardianship bond is providing protection for the ward….
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What are Principals and Obligees in Surety?
Whether you’re starting a business, launching a construction project, or entangled in court, you will need a surety bond to guarantee payment from the surety to the obligee if the principal is unable to meet…
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Colorado Lost Instrument Bond
In the state of Colorado, a lost instrument surety bond is required to protect against losses of financial securities, like checks, stock certificates, mortgages, certificates of deposits, money orders, bankbooks, unclaimed property, promissory notes, life…
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Which Types of Alabama Public Officials Require a Surety Bond?
Prior to assuming office, myriad Alabama public officials need to file a surety bond as a prerequisite to commencing their term. Below, we will discuss a number of categories of public officials who statutorily require…
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How to Became a Notary in New Jersey
Becoming a Notary in the state of New Jersey can be a long but rewarding process. The New Jersey Notary commission’s term is five years long and additional costs during the application process can depend…
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How to Start a New Car Dealership
Per Statista, over four million new cars were sold in the United States in just the first quarter of 2018. With the economy booming, people are looking to capitalize and purchase new vehicles. Hence, launching…
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Wisconsin Notary Public Surety Bond
A notary public is a person appointed by the Secretary of the Department of Financial Institutions to serve the public as a vital impartial witness, carrying out notarial acts as are permitted or required by…
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The Parties in a Surety Agreement
A surety bond can be required to start a business, take on a public construction project, or fulfill a court requirement. A surety bond is a three-party agreement between the principal, obligee, and surety. If…
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