Used interchangeably with the term “permit bond” to describe bonds required by state law, municipal ordinance or regulation, to be filed prior to the granting of a license to engage in a particular business or a permit to exercise a particular privilege. Such bonds provide payment to the obligee for loss or damage resulting from violations by the licensee of the duties and obligations imposed upon him/her.
License Bond
Surety Bond Resources
Think a surety bond works like insurance? It doesn’t. You pay, but you’re still responsible. What is a surety bond?...
A landscaping bond is a type of business service bond that protects your clients from theft or fraud by employees....
A moving company bond is a surety bond that protects your customers if an employee steals or damages their belongings....
Questions?
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