Surety insurer definition

Surety insurer means the same as that term is defined in Section 31A-35-102.

Surety insurer means an insurer that:

Surety insurer means any person in the business of becoming, either directly or through an authorized agent, a surety on a bail bond for compensation.

Examples of Surety insurer in a sentence

• To be considered complete, both the Bidder and an admitted Surety insurer authorized by the California Insurance Commissioner to transact surety business in the State of California must sign this Bidder’s bond.

• Garvey, 532 U.S. 504, 510 (2001).Arbitral decisions are largely insulated from judicial review.

• Payment and Performance Bonds shall be executed by a California Admitted Surety insurer with a minimum Best’s Insurance Guide rating of A+, Class VII.

• All Bonds must be issued by a California admitted Surety insurer using the forms set forth in the Contract Documents, or in any other form approved by the City Attorney.

• Each bidder must submit with his bid a certified or cashier's check, cash or a bidder's bond issued and executed by an admitted Surety insurer (authorized to transact surety insurance in California), made payable to the order of the County of Orange in an amount not less than ten percent (10%) of the sum bid as a guarantee that the bidder will enter into the proposed contract if the same is awarded him.

More Definitions of Surety insurer

Surety insurer means a person in the business of becoming, either directly or through an agent, a surety on a bond for compensation.

Surety insurer means the same as that term is defined in Section 31A-35-102. 1125 Section 39. Section 77-20b-101 is amended to read:

Surety insurer means an insurer authorized under the Insurance Code to transact

Surety insurer means an insurer having a certificate of authority from the Department to issue surety contracts or bonds to guarantee the performance of any person licensed under this subchapter.

Surety insurer means any person in the business of becoming, either

Surety insurer means the same as that term is defined in Section 31A-35-102. 731 (21) "Temporary pretrial status order" means an order issued by a magistrate that: 732 (a) releases the individual on the individual's own recognizance until a pretrial status 733 order is issued;

Surety insurer means an insurer who is authorized as a surety insurer in this state, who executes a bail bond and who is bound to pay the bond amount if the arrestee fails to comply with conditions of the bail bond. END_STATUTE