Uniform Bonding Code – part 3

If the Bonding Company Compels the Prosecution If the bonding company compels the prosecution and the acts of the officer are clearly criminal, then the bonding company can argue for release of the liability of the bonding company for the officer’s...

Uniform Bonding Code Part – 2

2.4 – BONDING INSURANCE STATUTES Compulsory Insurance  The bonding of statutes which require natural persons (non-incorporated persons) to purchase insurance, must be very carefully analyzed, and be regarded with the utmost caution. As a general rule, it is against...

Uniform Bonding Code – Part 1

UNIFORM BONDING CODE Modern Bonding Practice  With the advent of powerful computers has come the responsibility of analyzing data much more quickly and thoroughly and in terms of the general economic principles of Leontief Input-Output Matrix Analysis.(See Wassily...