What Is A Public Official Bond?
A public official bond is a type of surety bond that allows a number of public officials to show that they can be trusted for their services. It is often the law that public official’s bonds are required because many people will need to work with money or other sensitive information. The whole purpose of public official bonds would be to protect the taxpaying citizen who may need the service of such an official. In the event that unethical services are provided, the citizen will be able to file a claim against that bond to protect themselves and recover any money lost.
There are a number of different public official bonds available for a number of different job types. Some of the most common include court clerk, commissioners, notaries, deputies, sheriffs and other law enforcement, tax collectors, city managers, city treasurers, judges, mayors and city officials.
Whether you need to apply for a public official bond or renew your current one, then Ox Bonding can help you.