Statutory Bonds


Definition of "Statutory bonds"

James  Mazza
James Mazza PalmerHouse Properties

Any of a number of types of surety bonds that the law requires of government contractors, licensed businesses, litigants, fiduciaries, government officials, and others whose performance of some duty or obligation must be assured in the public interest.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ