Surety Matters

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Displaying 2 results for: principal
Surety Bonds 02.13.2020

What are Principals and Obligees in Surety?

Whether you’re starting a business, launching a construction project, or entangled in court, you will need a surety bond to guarantee payment from the surety to the obligee if the principal is unable to meet…
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What are Principals and Obligees in Surety?
Surety Bonds 12.24.2019

The Parties in a Surety Agreement

A surety bond can be required to start a business, take on a public construction project, or fulfill a court requirement. A surety bond is a three-party agreement between the principal, obligee, and surety. If…
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The Parties in a Surety Agreement