This is the amount that the bond principal pays to obtain a bond
What is premium?
This is the class code for an Iowa Fireworks bond
What is 4510?
This is the rate for a South Dakota Grain Buyers bond
What is $10 per thousand?
This is how MBDB separates bond requirements
What is by state / state requirements?
A utility deposit bond is what type of bond
What is a financial obligation bond?
True or False: A renewal bond is issued with a different bond number.
What is false?
The minimum premium due for many of our L&P bonds.
What is $100?
This bond requirement is listed in MBDB for the Town of Plymouth, CT.
What is Excavation?
What is false? (A contractor's license bond guarantees the business will be conducted or the privilege exercised in conformity with the governing laws of the license)
What is the premium due for a Missouri Employment Agency bond for one year?
What is $100?
True or False: In MBDB, we have separate pages for Oregon's Landscape Contractor license and Oregon's Electrical Contractor license.
What is true?
Name one type of public safety L&P bond that protects the general public from monetary loss due to physical damage.
What is Sign Contractor, House Mover, Demolition Contractor, Street Obstruction?
This type of clause requires the full amount of the bond to be paid in the event of a claim, no matter the size of the actual claim.
What is a forfeiture clause?
This is the standard commission rate for financial guarantee L&P bonds.
What is 20%?
This is where non-specific state L&P bond requirements are listed in MBDB
What is the L&P Index page?
What is False?