Surety Bonds: License & Permit Bonds, Contractor Bonds, Court Bonds, and Fidelity Bonds in California
Introduction to Surety Bonds Surety bonds are legal contracts that protect one party (the obligee) from financial loss in case the principal fails to meet their obligations. For California citizens, understanding these bonds is crucial, especially given the state’s regulations. Below is a guide to the four most popular types of surety bonds, highlighting what […]