A Surety Bond Guarantee

A Surety Bond Guarantee

Today, I would like to discuss a particular type of surety bond, referred to as a surety bond guarantee, and furnished as evidence of financial right and responsibility under the Oil Pollution Act of 1999 and the Comprehensive Environmental Response Compensation and...
Subdivision Bonds — Part 4

Subdivision Bonds — Part 4

Suretyship is one of the oldest professions in the world, but few are familiar with the industry. In a way, a surety bond is similar to having a co-signer for an obligation. It is viewed as an extension of credit. If the developer of a project fails to build what is...