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Tennessee BOND - Corporate Surety Statement of Bond Compliance (Guardian)

State:
Tennessee
Control #:
TN-SKU-0539
Format:
Word
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Description

BOND - Corporate Surety Statement of Bond Compliance (Guardian) Tennessee BOND — Corporate Surety Statement of Bond Compliance (Guardian) is a financial guarantee issued by a corporate surety company to the State of Tennessee. This bond guarantees the financial responsibility of a principal (the business or individual who is required to purchase the bond) in accordance with the regulations of the State of Tennessee. The bond is typically required for businesses that will be performing services or activities that are regulated by the Tennessee Department of Commerce and Insurance. There are two types of Tennessee BOND — Corporate Surety Statement of Bond Compliance (Guardian): General Contractors and Professional Service Providers. The bond guarantees that a principal will comply with the regulations of the State of Tennessee, and if the principal fails to comply, the surety company will pay for damages the State of Tennessee may suffer as a result.

Tennessee BOND — Corporate Surety Statement of Bond Compliance (Guardian) is a financial guarantee issued by a corporate surety company to the State of Tennessee. This bond guarantees the financial responsibility of a principal (the business or individual who is required to purchase the bond) in accordance with the regulations of the State of Tennessee. The bond is typically required for businesses that will be performing services or activities that are regulated by the Tennessee Department of Commerce and Insurance. There are two types of Tennessee BOND — Corporate Surety Statement of Bond Compliance (Guardian): General Contractors and Professional Service Providers. The bond guarantees that a principal will comply with the regulations of the State of Tennessee, and if the principal fails to comply, the surety company will pay for damages the State of Tennessee may suffer as a result.

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Tennessee BOND - Corporate Surety Statement of Bond Compliance (Guardian)