surety company

surety company
A corporation engaged in the business of acting as a surety or guarantor on bonds, undertakings, or contracts, for compensation known as a premium. 50 Am J1st Suret § 312.

Ballentine's law dictionary. . 1998.

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  • surety company — see company Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • surety company contract — A contract wherein the surety is a compensated surety, that is, a surety company. 50 Am J1st Suret § 313 …   Ballentine's law dictionary

  • surety company agent — The agent of a surety company, comparable in reference to the scope of his authority to the agent of an insurance company. 50 Am J1st Suret § 314 …   Ballentine's law dictionary

  • surety company — noun : a company whose primary business is acting as a surety for the performance of obligations especially by the issuing of surety bonds …   Useful english dictionary

  • Kansas Bankers Surety Company — is an insurance company based in the United States. It is a subsidiary of Wesco Financial Corporation, a subsidiary of Berkshire Hathaway, the investment vehicle of Warren Buffett …   Wikipedia

  • surety — sure·ty / shu̇r ə tē/ n pl ties [Anglo French seurté, literally, guarantee, security, from Old French, from Latin securitat securitas, from securus secure] 1: a formal engagement (as a pledge) given for the fulfillment of an undertaking 2: one… …   Law dictionary

  • company — com·pa·ny n pl nies: an association of persons for carrying on a commercial or industrial enterprise compare corporation, partnership finance company: a company that makes usu. small short term loans to individuals growth company: a company that… …   Law dictionary

  • foreign surety company — A corporation organized in one state for the purpose of transacting business as surety on the obligations of persons or corporations, authorized by statute of another state to transact business therein, upon compliance with certain specified… …   Ballentine's law dictionary

  • surety — One who at the request of another, and for the purpose of securing to him a benefit, becomes responsible for the performance by the latter of some act in favor of a third person, or hypothecates property as security therefor. One who undertakes… …   Black's law dictionary

  • Surety Building (Muskogee, Oklahoma) — Infobox nrhp | name =Surety Building nrhp type = caption = location= 117 N. Third, Muskogee, Oklahoma lat degrees = 35 lat minutes = 44 lat seconds = 56.85 lat direction = N long degrees = 95 long minutes = 22 long seconds = 16.72 long direction …   Wikipedia

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