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Probate bonds, often interchangeably used with estate bonds and fiduciary bonds; ensure that a deceased person’s will is executed properly. A Will Executor will purchase these bonds, which the court often mandates their purchase. It is not uncommon for Will Executors to be inexperienced with these types of bonds. Here are the most common questions …
Executor Probate Bond Frequently Asked Questions Read More »
Your Surety Bond May Expire on December 31: Surety Bond Renewal Reminder It’s that time of the year again when many of the surety bonds are nearing expiration and need to be renewed. Just a reminder, as the Christmas holiday nears, many surety bonds are also scheduled to expire on December 31 so be sure …
Surety bonds cover an extremely wide range of needs and purposes, especially when it comes to the global exporting industry is no different. Each year, millions of dollars in product and services are shipped internationally. In order to protect their investments, buyers will often require exporters to acquire a performance bond before finalizing any trade …
Performance Bonds for Exporters: How Surety Bonds Protect Purchasers Read More »
A Car Dealers Guide To obtain an Auto Dealer Bond As the owner of an auto dealership business, you should probably know that purchasing an Auto Dealer Bond is one of the requirements to secure a license and legally operate. Auto dealers are required by law to obtain an Auto Dealer Bond as a …
Construction surety bonds serve a multitude of purposes, from reinforcing building standards to ensuring payments are made in full in regards to a specified contract. While it is true there are a variety of reasons for specific surety bonds, it is not widely known that some surety bonds are actually put in place to benefit …
Construction Surety Bonds: How They Benefit The Environment Read More »
Surety Bond Authority Launches Company to Make Surety Bond Process Simple November, 30th, 2016 – Woodland Hills, CA Surety Bond Authority, Inc., announces the launch of our new Surety Bond Company. Initially, Surety Bond Authority is offering its services in California, with plans to expand nationwide. “I’ve been working with the surety bond industry virtually …
On September 12, the electronic execution and filing of surety bonds took effect as the National Multistate Licensing System and Registry (NMLS) formally adopting the electronic surety bond (ESB).Electronic bonding replicates the bond execution process – the signing of the bond form by the principal and surety and physically delivering the form to the Obligee …
If yours is a business that deals with alcohol, then you may need to have an alcohol tax bond. This is a bond that states or local governments may require from businesses to sell alcohol to guarantee that taxes and fees that are imposed will be paid. This relates to businesses that sell, manufacture, or …
As a consumer, are you truly aware of what types of laws or bonds have been put into place to protect you? At some point or another, most of the businesses you shop at are required to agree to a surety bond to legitimize their business. So how exactly do these bonds affect you? There …
How Do Surety Bonds Protect Consumers: A Consumer’s Guide Read More »
Unless you’re an expert, what you think you know about surety bonds may not be that accurate. There are a lot of myths and misconceptions out there. However,surety bonds are not nearly as expensive or confusing as many may think. If you are in the market for a surety bond, we want to dispel some …
