A Delaware Surety Bond is a form of financial security that guarantees a principal will fulfill its obligations to a third party. Delaware Surety Bonds are typically required by the Delaware state government for businesses conducting certain activities or professions as a form of financial assurance. There are several types of Delaware Surety Bonds, including contractor bonds, fiduciary bonds, court bonds, license and permit bonds, and public official bonds. Contractor bonds guarantee that a contractor will fulfill the terms of a contract, fiduciary bonds guarantee that a fiduciary will fulfill its obligations to a beneficiary or estate, court bonds guarantee that a party will comply with a court order, license and permit bonds guarantee compliance with state regulations, and public official bonds guarantee that a public official will faithfully discharge his or her duties.
Delaware Surety Bond
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