Blanket bond definition

Blanket bond means a bond that covers collectively all public employees and public officials without the necessity of scheduling names or positions as a part of the bond, and a bond whereby new public employees and new public officials entering employment or office during the period of the bond are automatically included without notice to the fund.
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Blanket bond means a blanket surety bond issued in accordance with the requirements of § 55.1-2220 of the Code of Virginia obtained and maintained by a developer in lieu of escrowing deposits accepted by a developer in connection with the purchase or reservation of a product.
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Blanket bond means a bond that covers collectively all public employees and
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Examples of Blanket bond in a sentence

  • The fidelity bond and errors and omissions insurance shall be in the form of Mortgage Banker's Blanket bond and shall protect and insure such Servicer against losses, including forgery, theft, embezzlement, fraud, errors and omissions and negligent acts of such persons.

  • Successful territory management requires not only an understanding of numeric analysis, but also an aptitude for effective communication and diplomacy.

  • The fidelity bond and errors and omissions insurance shall be in the form of Mortgage Banker's Blanket bond and shall protect and insure the Servicer or the Special Servicer against losses, including forgery, theft, embezzlement, fraud, errors and omissions and negligent acts of such persons.

  • Cooper, Clerk of the Court (1)350,000irginia Association of Counties Self Insurance-Risk Pool:All County employees - Blanket bond coverage 250,000All School employees - Blanket bond coverage1,000,000All Social Services employees - Blanket bond coverage100,000Mary E.

  • This type of bond is often used for trustees in operating chapter 7 cases, trustees who are not on the active panel for receiving cases, and trustees who have a case in which the funds on hand exceed the per case limit under a schedule bond.2. Blanket bond - This bond may cover multiple cases for one or more trustees.3. Schedule bond - This bond covers all trustees of a particular group, district, region, or other unit, based upon the discretion of the United States Trustee.

  • Blanket bond - A performance bond which insures a respondent's performance on two or more contracts in lieu of separate bonds for each contract.

  • Cooper, Clerk of the Court (1)350,000rginia Association of Counties Self Insurance-Risk Pool:All County employees - Blanket bond coverage 250,000All School employees - Blanket bond coverage1,000,000All Social Services employees - Blanket bond coverage100,000Mary E.


More Definitions of Blanket bond

Blanket bond means a blanket surety bond issued in accordance with the requirements of § 55.1-
Sample 1
Blanket bond means a blanket surety bond issued in accordance with the requirements of § 55.1-2220 of the Code of Virginia obtained and maintained by a developer in lieu of
Sample 1

Related to Blanket bond

  • Bond means a debt instrument (Sw. skuldförbindelse) for the Nominal Amount and of the type set forth in Chapter 1 Section 3 of the Financial Instruments Accounts Act and which are governed by and issued under these Terms and Conditions, including the Initial Bonds and any Subsequent Bonds.

  • Certificate of Insurance means a document showing that an insurance policy has been written and includes a statement of the coverage of the policy.

  • R&W Insurance Policy has the meaning set forth in Section 6.15.

  • Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.