Commercial Bonds
Examples of bonds we can provide include but are not limited to the following:
- Contract Postal Unit Bonds
- Court Clerks
- Dog Catchers
- Hunting & Fishing Bond
- Individual Public Official
- Judges Mayors
- Notary Public Bonds
- Officers of the Law
- Public Official Name Schedule
- Public Official Position Schedule
- Tax Collectors
- Treasurers
CALL (865) 475-7323
Court Bonds
Court bonds are required of parties to a lawsuit who seek remedies that the law allows only upon posting a bond. They protect a party in litigation from possible loss suffered as a result of the courts’ granting a privilege to the other party.
Contractors License Bonds
These bonds are usually required by a governmental entity and guarantee that the Principal will conduct business in accordance with the privilege granted by a particular license and he/she will comply with the governmental ordinances. Ultimately, these bonds protect the public from incompetency and hold the governmental entity harmless.
- Building
- Electrical
- Environmental
- Plumbing
- Mechanical
- Masonry
- Roofing
- Excavation
- Landscaping
- Heavy Highway
- Solar Panel Installation
Examples of bonds we can provide include but are not limited to the following:
- Broker Dealer/Securities Dealer Bonds
- Cigarette Tax Bonds
- Contractors License Bonds - both general contractors and artisans
- Gasoline Tax Bonds
- Insurance Adjuster Bonds
- Insurance Agent/Producer Bonds
- Liquor License Bonds
- Mortgage Broker Bonds
- Motor Vehicle Dealer Bonds
- Outdoor Advertising Bonds
- Plumber, Electrician License Bonds
- Private Detective License Bonds
- Real Estate Broker Bonds
- Sign License Bonds
- Small Loan License Bonds
- Street Obstruction Bonds
Fiduciary Bonds
A fiduciary is a person, bank, or trust company appointed by order of a court to administer the estate or property of another who, for some reason, is unable to manage his or her own affairs. Fiduciaries in most states are generally required by law to provide a surety bond for faithful performance of their duties and compliance with the orders of the court having jurisdiction.
Fiduciary bonds are generally written on behalf of individuals or institutions to manage the assets of an estate. There are several different types of fiduciary bonds:
- Administrator/Executor: Individual(s) appointed by the court to handle the estate of an individual who has died.
- Guardian: There are two types of guardians (1) guardian of a minor (2) guardian of an incompetent. In both cases they are appointed by the court to administer the estate.
- Trustee: Individual(s) appointed by the court to administer the assets of a trust.
- Trustee of a Special Needs Trust: Individual appointed by the court to manage the assets of a trust which has been created to allow the ward the ability to retain his or her eligibility to both state and federal benefits.