Surety law refers to the set of rules and regulations that govern the relationship between a surety (usually an insurance company) and the party they provide a guarantee or financial security for. It outlines the obligations, rights, and responsibilities of both parties involved in the surety bond agreement, ensuring protection and compensation in case of default or non-performance by one party.
Full definition
Synonyms for individual words can be found below.
«surety»
«law»
Sentences with «surety law»
- Mr. Barker has extensive experience in surety law matters in Arizona. (jhc.law)
- The firm's Rising Stars are Joseph Brophy, who practices in business litigation, surety law matters and insurance defense; Travis Pacheco, whose practice is focused in business litigation and R.J. Lamb, whose practice is focused in commercial litigation. (jhc.law)
- Terrance J. Hamilton specializes in professional and legal malpractice litigation, personal injury matters, and construction and surety law cases. (casneredwards.com)
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