What is a Surety Bond?

First published at 16:12 UTC on October 10th, 2023.

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What is a Surety Bond?

Surety bonds provide financial guarantees that bondholders such as public officials, companies, contractors, or unions will uphold their contracts according to mutual terms.

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CategoryPeople & Family
SensitivityNormal - Content that is suitable for ages 16 and over
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