Utah Specific Guaranty
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How to fill out Specific Guaranty?
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FAQ
A school bond election is a bond issue used by a public school district, typically to finance a building project or other capital project. These measures are placed on the ballot by district school boards to be approved or defeated by the voting public.
The maximum amount of protection for each individual, regardless of the number of policies or contracts, is $500,000.
Pure Captive: Any company that insures risks of its parent and affiliated companies or controlled unaffiliated business.
Oregon voters in 1998 authorized the State to guaranty qualified bonds of eligible school districts, education service districts, and community colleges. The program allows qualified districts to have their bonds rated based on the State's current credit rating.
The program provides savings to taxpayers through reduced interest costs by pledging the full faith and credit of the state to the payment of voter-approved school district GO bonds. This provides the qualifying school district bonds with the state's top, AAA credit rating.