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Application Questions - What Do They Mean?

Surety Bond

Below are answers to some questions you will find on the various forms.

1 Name on bond
  A. If individual - use first and last name of individual
  B. If sole proprietor - use first and last name of individual AND DBA name of business
  C. If partnership, corp, LLC, LLP, etc - Use name of business
   
2. Obligee
  This is the entity or person requiring the bond (unless it is a business service bond). It is not the applicant.
   
   
   

 

 

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