Public Official Bond
What is a Public Official Bond?
A Public Official Bond is a type of Commercial bond that ensures that public officials perform their duties honestly and ethically.
Protects the public from misconduct by public officials.
Required for public officials to ensure they fulfill their obligations and uphold the public trust.
Applicant’s personal information, credit history, bond amount, and position held.
Varies based on bond amount and credit history, typically 1-3% of the bond amount.
