The New Mexico ES802 (B) Surety Bond, Notice of Certificate of Deposit is a form used for the purpose of providing a guarantee of payment to the state of New Mexico. The notice of certificate of deposit is a document that states the amount of the surety bond, the name of the principal, and the name of the obliged. The surety bond guarantees that the principal will fulfill their obligations according to the terms of the contract and that the obliged will receive payment for the goods or services provided. There are two types of New Mexico ES802 (B) Surety Bond, Notice of Certificate of Deposit: a Single Certificate of Deposit and a Joint Certificate of Deposit. The Single Certificate of Deposit is issued when one principal is responsible for the payment of the bond, while the Joint Certificate of Deposit is issued when two or more principals are responsible for the payment of the bond.