Buy a Surety Bond
Types of Surety bonds
Title Bonds
Sales Tax
DMEPOS GWG L bonds attorney” (medicare)
License & Permit
Public Official
Probate and Other Court Bonds
Miscellaneous Surety Bonds
Contract Performance Bonds
Dealer Bonds
License & Permit
License bonds guarantee the Principal will comply with applicable codes and regulations established by the Obligee. (The Obligee is usually a government entity such as a City, Town, or State.)
Permit bonds grant a Privilege.
Types include:
Electrician’s license
Plumber’s license
General Contractor’s license
Driveway permit
Sign permit
Sales tax
Example: Electrical contractors may be required to post a surety as part of their licensing requirements. The obligation of it may specify that the contractor will follow the electrical codes established in that city, town, or municipality.
The requirements and ordinance must be understood before is written. The agent may ask you to obtain a copy of the ordinance or law that specifies the requirements and a copy of the bond, if the Obligee has its own.
Depending upon the type of obligation, supporting documentation such as signatures, financial statements, and other supplemental information may be required.
Public Official