A surety bond is a contract among at least three parties:
- The obligee - the party who is the recipient of an obligation
- The principal - the primary party who will be performing the contractual obligation
- The surety - who assures the obligee that the principal can perform the task
Through a surety bond, the surety agrees to uphold — for the benefit of the obligee — the contractual promises (obligations) made by the principal if the principal fails to uphold its promises to the obligee. The contract is formed so as to induce the obligee to contract with the principal, i.e., to demonstrate the credibility of the principal and guarantee performance and completion per the terms of the agreement.
Alcoholic Beverage Commission Bonds - If you need a conduct, tax, fee interest for brewer and manufacturer, liquor tax or performance surety bond for the TABC, we can help.
Business Service Bond - If you employ individuals who work in clients' homes or businesses, you can get bonded to protect clients against theft.
Certificate of Title Bond - Required if you own a vehicle with a lost or stolen title in Texas
Freight Broker Bond (BMC-84) - Required if you operate as a freight broker or freight forwarder in Texas
Motor Vehicle Dealer Bond - Required for individuals in the business of buying, selling or exchanging vehicles
Over Axle and Over Gross Weight Tolerance Permit Bond - If you hold a permit to haul over axle or over gross weight loads in Texas, you must post a surety bond.
Sales Tax Bond - Required if you're a retailer who sells taxable items in Texas
Third Party Debt Collector Bond - Required if you collect debts owed to third parties in Texas
Mixed Beverage Tax Bond - If you need a mixed beverage sales tax bond or a mixed beverage gross receipts tax bond in Texas, we can help.
Court Bond - If a court is appointing you as a fiduciary, you might have to file a bond with the court.