Louisiana Surety Bond

State:
Louisiana
Control #:
LA-1133-M
Format:
Word; 
Rich Text
Instant download

Description Louisiana Maintenance Bond

A surety is a person obligated by a contract under which one person agrees to pay a debt or perform a duty if the other person who is bound to pay the debt or perform the duty fails to do so. Usually, the party receiving the surety's performance will first try to collect or obtain performance from the debtor before trying to collect from the surety. A surety is often found, for example, when someone is required to post a bond to secure a promise.
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Louisiana Surety Bond