How are Surety Bonds and Licenses and Permits all Connected?
- December 21, 2016
- Posted by: Surety Bond Experts
- Category: License Bond, Permit Bond, Surety Bonds
License and permit bonds are often referred to simply as license bonds. These are commercial bonds for specific industries, which are usually mandated in order to obtain a license to run a business legally. A license bond is required to guarantee that a business operates in accordance with federal, state, or local laws and regulations.