NSITE DOCUMENT
Bond Documentation Review Checklist.docx
- Library: Purchissues
- Year Created: 2023
- File Type: DOCX
The document outlines a comprehensive checklist for authenticating the validity of surety bonds in situations where an agency's Attorney General Representative is unavailable for review. It includes steps such as verifying the financial soundness of the issuer, contacting the surety company directly to authenticate the bond, checking the name of the surety against the State Corporation Commission website, ensuring the correct forms are used, checking the surety's status with the Bureau of Insurance, and complying with specific requirements related to bond issuance and payment processes. The checklist emphasizes the importance of thorough verification and adherence to specific guidelines to ensure the validity and reliability of surety bonds.