The Tender For Law

Volume 4

Dec 03, 2013 3:26 AM

Chris Evan

This helps too....for the umpteenth time:

surety n. a guarantor of payment or performance if another fails to pay or perform, such as a bonding company which posts a bond for a guardian, an administrator, or a building contractor. Most surety agreements require that a person looking to the surety (asking for payment) must first attempt to collect or obtain performance from the responsible person or entity.