Delaware License Surety Bond

State:
Delaware
Control #:
DE-BS-14
Format:
PDF
Instant download
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Description

License Surety Bond A Delaware License Surety Bond is a type of financial guarantee issued by an insurance company that ensures a business will comply with the state of Delaware's licensing requirements. The bond guarantees that the business will comply with all applicable laws and regulations and will pay any claims that may arise as a result of non-compliance. There are two types of Delaware License Surety Bonds: Contractor License Surety Bonds and Professional License Surety Bonds. Contractor License Surety Bonds are required for contractors in Delaware who perform work in excess of $50,000. Professional License Surety Bonds are required for professionals such as physicians, dentists, accountants, and real estate agents. The bond guarantees that the professional will abide by the laws and regulations of their profession, as well as any other applicable state laws.

A Delaware License Surety Bond is a type of financial guarantee issued by an insurance company that ensures a business will comply with the state of Delaware's licensing requirements. The bond guarantees that the business will comply with all applicable laws and regulations and will pay any claims that may arise as a result of non-compliance. There are two types of Delaware License Surety Bonds: Contractor License Surety Bonds and Professional License Surety Bonds. Contractor License Surety Bonds are required for contractors in Delaware who perform work in excess of $50,000. Professional License Surety Bonds are required for professionals such as physicians, dentists, accountants, and real estate agents. The bond guarantees that the professional will abide by the laws and regulations of their profession, as well as any other applicable state laws.

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Delaware Surety Bond