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Types of Injunctions and the Bonds Required for Them 1024 682 Patrick J. Thomas Agency

Types of Injunctions and the Bonds Required for Them

Since injunctions are used to allow the court to order a party to take (or cease to take) an action, they generally require surety bonds to be obtained by the party requesting the injunction. In the state of Minnesota, injunctions can be issued by a judge in one of three…

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What Are License Bonds and How Can You Obtain Them? 1024 682 Patrick J. Thomas Agency

What Are License Bonds and How Can You Obtain Them?

License Bonds are a type of surety bond that provide financial protection for businesses and individuals who provide a certain product or service that is purchased by the public. Like any form of surety insurance, license bonds are purchased by the person or company who will be providing the product…

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