Permit Bond

Permit Bond

A bond guaranteeing that a person with a permit from the government to perform a task will perform that task to the proper regulations. The bond provides compensation to an injured party in the event that the permit holder does not fulfill his/her obligations.
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In another interview in Greek daily To Vima on Sunday, European Central Bank executive board member Lorenzo Bini Smaghi says the European Financial Stability Facility's role could be amended to permit bond purchases on the secondary market.
It authorized the Commission to permit bond sales backed by a special charge on consumer electric bills and guaranteed by the State's regulatory authority in order to pay for certain pollution control facilities at power plants.
In connection with this bond issue and the issuance of the seventh supplemental Trust Indenture, LAWA is amending the Master Trust Indenture to incorporate several new concepts including a revenue transfer (equal to no greater than 25% aggregate annual debt service), creation of separate debt service reserve funds by series, the ability to release revenues and permit bond insurers to provide bondholder consent.
The nationally licensed firm has a large and experienced staff in providing all facets of surety support for the wide variety of Commercial Surety Miscellaneous License and Permit bonds, as well as the mentioned personalized surety programs for all sizes of businesses that need performance bonds, payment bonds, bid bonds and supply bonds.
The Warnock Agency is an innovator in online underwriting and issuance of license and permit bonds in the country.
License and permit bonds relate to compliance with Alaska state or municipal statutes and are required by many types of businesses other than just construction contractors.
He was the manager of license and permit bonds for Safeco.
CNA has become the nation's largest provider of commercial surety bonds, particularly license and permit bonds, fiduciary bonds and public official and court bonds.
ACSTAR also offers other miscellaneous surety such as workers' compensation bonds, supply bonds, subdivision bonds and license and permit bonds as well as some general liability.
License and permit bonds, required by the government for people or companies to engage in certain types of business, also help consumers know they are dealing with legitimate companies or individuals.
Commercial surety bonds, such as license or permit bonds and public official bonds.
Main Street Station for Bonds is a fully functional, end-to-end ordering and processing system for simple miscellaneous surety, license and permit bonds, probate and court bonds, and fidelity bonds.