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Employee Retirement Income Security Act (ERISA) bonds are also common for businesses regardless of industry, as they protect employees with benefit plan packages. Find surety bond requirements in your state.Types of Surety Bonds Generally, three categories of surety bonds exist that could be required...
The requirement is known as the Miller Act and most local governments have passed similar laws (called Little Miller Acts) that also require a commercial surety guarantee (i.e., a security bond) for that work. License and Permit Bonds
n. security,indemnity,guarantee,warranty,bond 权威英汉双解 英汉 英英 网络释义 surety 显示所有例句 n. 1. 保证金money given as a promise that you will pay a debt, appear in court, etc. 2. 保证人;担保人a person who accepts responsibility if sb else does not pay a debt, appear in court...
Surety Bonds by Bernard Fleischer & Sons, Inc. / BF Bond, We sell and design a broad range of insurance services and Surety Bonds in all 50 States • Easy online applications • Low rates
Surety Bonds by Bernard Fleischer & Sons, Inc. / BF Bond, We sell and design a broad range of insurance services and Surety Bonds in all 50 States • Easy online applications • Low rates
Surety1 provides coverage through bid, performance, and payment bonds. We are licensed nationwide and get you the best possible bond rates.
A replevin bond guarantees that property seized by a plaintiff will be returned to a defendant if so ordered, and any costs and damages suffered by the defendant are paid. Replevin bonds very rarely require collateral security other than a general indemnity agreement signed by the applicant. Appli...
Employee Benefits (ERISA) Bond The Employee Retirement Income Security Act of 1974 requires employers that have a pension or profit-sharing plan to maintain a bond equal to 10 percent of the amount of the plan's asset, subject to a maximum of $500,000 per plan. This bond insures that th...
Surety Bond 1. Afeethat asecurityholdermust pay to the security'sissuer, should the holder lose the physicalcertificate. The holder receives a replacement certificate in exchange for the surety bond. A surety bond helps reducefraud. 2. See:Blanket fidelity bond. ...