Covering a New Jersey Lien or Certificate of Debt
In New Jersey, any entity affected in any manner, whether directly or indirectly, by a lien under NJSA 30: 4D-7.8, or a certificate of debt filed prior to a final agency adjudication, in accordance with this section, can file a bond in the Superior Court of the County...
Undertaking on Appeal for Section 625 NY Labor Law Code
This blog is concerned with an undertaking on appeal for Section 625 of the New York Labor Law Code. This is when the Department of Unemployment Benefits assesses an underpayment and determines that a company owes an amount for underpayment of funds to them. A company...Supply Bonds [VIDEO]
When you have a contract to supply certain items, a supply bond guarantees the buyer that the purchased items will be supplied. If the items are not delivered or the quality is not satisfactory, the supply bond provides the buyer with a means of recourse. Please give...
The Importance of Insurance Coverage for Bonds
Today I want to talk about the importance of insurance coverage and help you understand when an insurance policy provides or requires the insurer to indemnify a surety company for a bond on behalf of their insured. It is important to know if there is a policy that...